I think it will sell because JPY is expected to raise rates next month and the market is preparing for a stronger yen. this is also based on the structure where the downside volume is much much stronger
EURUSD is looking bearish. price gave us a double top and now it rejected the 4h level. it made a lower high and its looking to complete its way down to my target
As we can see the 4h chart, we have an uptrend. the price just made its 3rd touch in the trendline and rejected the fib and the 4h level. the price is very bullish and its likely to go up
The price just rejected last weeks high and is forming a double top. if we can get a break of the 4h level in green and a retest with fib retracement we will definitely enter a short position
As we can see the market is trending up. The price touched the trendline and also rejected a strong 4h level. if we check the fib retracement we can see that it rejected at the golden zone 50-61.8
The price rejected the 154.000 price, gave us a 50% fib confirmation and a clear wick on the support. The price is very bullish so its likely to happen.
as you can see we had a double top on a strong 4h level. we continued down and broke the neckline. then we retested and got a fib confirmation. also daily + 4h show major rejection
