We have seen a great impulse, correction and awaiting the next impulse to the downside
We have our alerts set. Need to wait for the next retest of the supply and then await the downward move.
The trade is between 0.618 and 0.705 level.
monitoring closely.
Aud is strong but JPY is a strong safe haven, where institutions look to be moving towards. Now we wait for the entry as the market turns towards the bears.
COT Report: shows 65% Bullish Yen 35, 65% AUD note [ these are against USD].
Thanks,
Lupa