UJ failed to break support area and has formed a double bottom reversal pattern. Which is why price is currently on a bullish move. Price has also broken through the bearish trend line and looks like its still retesting. After it finish the retest , based on my own anaylsis I have my take profits at fib level points. Price can hit all the way towards 106.400 area before going back into a bearish move.
My analysis is just for educational purpose and to track my own progress as a trader. If you agree with it please like or comment your input.
My analysis is just for educational purpose and to track my own progress as a trader. If you agree with it please like or comment your input.
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