Japan will keep printing.
So it will lose to the stronger EURO.
A Higher Low is achieved and the trend is UP.
So it will lose to the stronger EURO.
A Higher Low is achieved and the trend is UP.
Note
Up 2.5%. That's good.Long term trend is UP but I see the potential of an ABC correction taking us to 0.618.
The 55- crossing the 200 EMA to the upside is encouraging - but as I point out it can re-cross to the downside.
Taking profits at this point can be smart.
A re-entry if price pushes past the local high can be a considered low-risk strategy.
Note
First target hit.Note
Boom - perfect
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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.