💡Don't miss the great sell opportunity in SGDJPY

14 jul 2021

Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (81.50).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. SGDJPY is in a downtrend, and the continuation of the downtrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 38

Take Profits:
TP1= @ 81.350
TP2= @ 81.180
TP3= @ 81.060
TP4= @ 80.840
TP5= @ 80.630

SL: Break Above R2

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