Hello traders, like and follow if this analysis is useful for you.
JPY seems still really powerful and the chart suggest a trend following strategy.
USD prices could drop to retest supports at 103.2.
At that time we can expect a deeper drop before a new uptrend or a direct rebound towards 104.6.
For the moment a short entry seems a good idea waiting for new market moves.
Good trading.
JPY seems still really powerful and the chart suggest a trend following strategy.
USD prices could drop to retest supports at 103.2.
At that time we can expect a deeper drop before a new uptrend or a direct rebound towards 104.6.
For the moment a short entry seems a good idea waiting for new market moves.
Good trading.