Continuation of Yen Strength
Updated
The yen has been on an absolute tear this week. I'm expecting price to keep pushing down to the mid 160's indicated by the green box at the bottom of the chart. If the mid 160's break, expect price to consolidate and push further down.
Note
pullback to 162.6 yielded a 60 pip short. would like to see 162.00 break down to validate the bearish continuance.Note
Currently consolidating at the 162.1 range.
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