The TRYJPY Weakens Further
Turkish Lira/Japanese Yen FX:TRYJPY
Last post: June 13th. See chart.
Review: Price had bounced off resistance suggesting weakness back in the direction of the bear trend.
Update: Price has continued to weaken but is a distance away from breaking and closing below the pivot support of May.
Conclusion: Applying patience and waiting for price to clear support before placing further short trades.
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