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Hello community,
Shanghai composite fall from 12th June break major support level at 4000, it makes some gain from 8th July and now the chart shows signal to fall again. Meanwhile, commodity price continue to fall sharply. I think it would be a chance to speculte on save-haven currency JPY, so I buy!
It seems that the pair USDJPY can't break 124.5 level and it has to move down from there. Look at my chart for detail:
Shanghai composite:
Have a good trading week
Haynes
Shanghai composite fall from 12th June break major support level at 4000, it makes some gain from 8th July and now the chart shows signal to fall again. Meanwhile, commodity price continue to fall sharply. I think it would be a chance to speculte on save-haven currency JPY, so I buy!
It seems that the pair USDJPY can't break 124.5 level and it has to move down from there. Look at my chart for detail:
Shanghai composite:
Have a good trading week
Haynes