This pair is approaching a key resistance level (as all other JPY pairs).
If it doesn't break, I am expecting a big move down. My targets are the three lower key level signaled in red.
I'll enter just if we see nice price action for a down move in daily charts.
If it doesn't break, I am expecting a big move down. My targets are the three lower key level signaled in red.
I'll enter just if we see nice price action for a down move in daily charts.
Note
Here's a most detailed view in 4H chart.Trade active
Entered after yesterday's news.
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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.