Hello traders, this is my analysis on UJ, this coupled with my view on the dollar index where I am seeing it reaching the levels around 103.6/103.7 range. We did get a first impulsing move to the upside, keeping in mind that it does not cause any break of previous highs so UJ might still head down. After that impulse I am seeing a weak retracement towards the downside, and I will be looking to get involved when I see some bullish momentum candles/break of previous high (145.000). I see this ultimately breaking above 146.400, but we will see. Last week was not a good week for me, a few errors here and there but we keep on improving. Danko (Thank you)!
Comment:
I have secured around 80% of my gains.
Trade closed: target reached:
TP Hit