The GBPJPY pair is trading inside a Channel Down with the price currently under its middle.
It appears that there is an internal Falling Support holding the Lower Lows since August 25th.
Considering that the 1H RSI is oversold, this emerges as the ideal setting for a new buy.
Buy now and target the Falling Resistance at 184.250.
Previous chart:
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It appears that there is an internal Falling Support holding the Lower Lows since August 25th.
Considering that the 1H RSI is oversold, this emerges as the ideal setting for a new buy.
Buy now and target the Falling Resistance at 184.250.
Previous chart:
Follow us, like the idea and leave a comment below!!
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