Long USDJPY into FED meeting on Wednesday.
- Support level at 112.720
CPI recorded at 2.2% so possible rate hike on the table
Price action on the weekly is still largely bullish into the yearly close/ overall bullish flow.
CPI recorded at 2.2% so possible rate hike on the table
Price action on the weekly is still largely bullish into the yearly close/ overall bullish flow.
Trade closed: stop reached:
Got crushed on this trade, notice how the level was used for resistance before plunging lower.