Trade of the Day: GBPJPY
15 June 2022
The trend at the moment is downtrend market. We are focusing on looking for short positions unless the price able to break above the resistance zone in which signify the change in trend.
We will be looking for the zone near the resistance trend line when the price pulls back and retest that area to look for the opportunity to look for short position.
If the price break above the resistance line and back to retest the resistance become support line, we will be looking for opportunity to find long position