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Aleksin_Aleksandar

JPY index 1W TF bearish trend

Short
Japanese Yen Currency Index (TVC:JXY)  
Aleksin_Aleksandar  
TVC:JXY   Japanese Yen Currency Index
Support and Resistance Fibonacci Trend Lines
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supportandresistance fibonacci trendline
On this chart of the JPY index, we see a strong resistance in the zone of the 38.2% Fibonacci level and the continuation of the bearish trend. The BOJ continues to stick to its dovish policy, which could further weaken the already weak Japanese yen - JPY.
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