We last posted on the TRYJPY on March 8th when price had broken and closed below pivot support.
As expected, given 6 days in a row of weakness, price has pulled back to the pivot resistance of March.
We now want to see this level hold strong, for price to bounce back in the direction of the bear trend and break and close below the May pivot support.
Patience needed for now.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading
As expected, given 6 days in a row of weakness, price has pulled back to the pivot resistance of March.
We now want to see this level hold strong, for price to bounce back in the direction of the bear trend and break and close below the May pivot support.
Patience needed for now.
Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!
Sublime Trading