egy-forex
05 May
05May

The Japanese Pound is trading in the short term in the direction of a sharp bearish trend, and the price has been released yesterday from the sharp downtrend on the M30, and has been trading cross-section since the opening of yesterday's session and a few hours before it. The pair bounced from the resistance 133.14 which we mentioned in the special channel on the Telegram and fell 55 points, and bounced back a little while waiting for the price to gather to make a new negative attack. In the event that the price is released from the first region, the sale will be from the second, as well as the third, 131.14 - 134.10 - 134.97 - 135.28 and passively targeting 132.00.

In general the trend is downtrend in the medium term and any rise in prices is an opportunity to sell from better areas

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