The pair just landed on a monthly support. It makes sense, the dollar index is also landing on an important demand area and the JYP is losing value. Check my previous post about this pair in the monthly timeframe. I just opened a long position, I will accumulate on the upcoming days.
Comment:
Nice bounce from the monthly trendline. We might have some turbulence on the 144.5 - 145 level.
Comment:
What a run. Getting closer to an important resistance:
