Gj has retraced to 192.000, big sell pressure here to potentially continue downtrend. The yen has been steadily gaining strength due to policy changes and optimism. This is premium price to catch a move down given that the swing high at 192.520 is maintained. Also this level is a weekly zone and we are trading below it.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.