It will retrace to Fibonaci number (62 %) in Assian session, and then go up in United States session at the time Yellen speech.
Some people post some short ideas, but i strongly disagree with that, because MACD is still above 0, you can see the triangle, it show bullish pressure to resistance level 114. However, you can short in short term to scalp some pips.
good position to short!
The tunnel will broken today, because of the news, in the long- term, UJ will go up to 118, ut right now , it need the retracement, the trend is exhausted, and Japanese session will open.
The wave 4 is forming, it can last in a couple day , and crash down , to finish the down site.
UJ does not break the resistant line.
please subscribe to see next idea!
There is a lot of investor who are waiting to against Trump. In the Trump inagument, they will try to revenge him. This is my idea, and it is not investment advice.
Break down trend in UJ,