Yen futures W1, tracking supply and demand
Updated
Yen futures broken weekly triangle. Buyers were found at the ~0.00895 demand zone, with gaps up on the way. Expecting some potential pullback but aiming for supply zone at ~0.01 or the main impulse zone of the previous higher high. DXY down, we are risk off, with money being flooded into the safe haven currencies.
Note
Also tracking the fib from Oct '11 high, fake break of the 3.618 and H&S formation.
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