based on what I see on the 4H TF seems like it has been trading up, but has been respecting the channel, or cluster, also seems like on each bullish trend, once broken back, give a chance to retrace which has happened the last HHR printed.
After BOJ news release tonight I hope to see the pair back to 109.20 region, after that if broken will be a downtrend, otherwise it will be time to buy in case of rejection, this is a risky one because overall this trend is bullish.
After BOJ news release tonight I hope to see the pair back to 109.20 region, after that if broken will be a downtrend, otherwise it will be time to buy in case of rejection, this is a risky one because overall this trend is bullish.
Comment:
it is going :)