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British Pound / Japanese Yen
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Weekly Predictions (Feb 18 - 22)

By Naomi293
Updated
- Price broke briefly below EMA (25, close) and returned above, the following candlestick
- Price neither overbought nor oversold
Comment
4-hr chart

snapshot
- Price neither overbought nor oversold
- Broke above EMA (25, close)
- Wait for retest at EMA (25, close) and bullish candlestick to indicate LONG
Comment
1-hr chart

snapshot
- Price overbought on Stochastic Oscillator and almost overbought on RSI
Comment
Since price is not consolidating EMA STRATEGY would be useful this week, unless price action changes
4hrchartdailychartforecastGBPJPYhourlychartMoving AveragesOscillatorspredictionsSupport and Resistance
Naomi293

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