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Posts by
JayPips666
USD/JPY
in
Experienced Traders
Nov 04, 2018 at 08:20
The US Dollar rose on Friday mainly due to NFP news release, careful with placing trades simply off a small bullish run. We're still in a trade war which might be causing this bumpy ride, on the (2HR) timeframe I see a double top forming & would also like to mention on the (Monthly) timeframe we're sitting close to a resistance level that hasn't been broken since (Feb 2017). LOOK FOR CONFIRMATIONS & trade accordingly. Have a great trading week! short term bias- bearish till around 111.xxx
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