USD/JPY - Short
FED Interest Rate decision moved this pair Wednesday 21st ofJune (Bear Market) leaving the interest rate unchanged. The outlook for next months decision is now the topic of discussion after no change this month i.e. Increasingly likely for FED Interest rate cut. The Equity markets showing strength I think to end the week we will see a strong finish to the Yen towards the downward trend line.
Monitoring Price Action until US session begins (Short trade?)
Support Line: 106.90 (Reversal Test)
FED Interest Rate decision moved this pair Wednesday 21st ofJune (Bear Market) leaving the interest rate unchanged. The outlook for next months decision is now the topic of discussion after no change this month i.e. Increasingly likely for FED Interest rate cut. The Equity markets showing strength I think to end the week we will see a strong finish to the Yen towards the downward trend line.
Monitoring Price Action until US session begins (Short trade?)
Support Line: 106.90 (Reversal Test)