Trade of the Day: GBP/JPY
By: Dima Chernovolov GBP/JPY continues to fall inside the 30-minute Down Channel chart pattern, which was recently identified by Autochartist.
By: Dima Chernovolov GBP/JPY continues to fall inside the 30-minute Down Channel chart pattern, which was recently identified by Autochartist.
DXY: On the H4, with RSI moving along an ascending trendline and prices moving along the ascending trendline, we have a bullish bias that bullish momentum will carry prices to 1st resistance at 105.794 where the swing high resistance and 161.8% fibonacci extension are.