UJ formed an M-top during London open and dropped. There’s possibility that the pair will drop to the lower value of 109 during the NY session. Fine to watch and see
Note
The opportunity is playing out as expected. There was a temporary pull up slightly above the initial entry point and then a fall. Watching to see target hit. Partial profit secured.
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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.