Short

SGDJPY SELL

Updated

June 13th is futures contract expiration. I'm expecting some major volatility for Yen this month. SGDJPY must break 90.750 area to confirm a reversal. In the event of a reversal, I'm targeting 86.000 area.

Note

Tried using a parallel channel as the extension of the pitchfork line while also using the edges of the box on the 0. Watching waiting for possible bearish divergence to play out

Note

Could be a relaxing next few years.
Powell no more rate hikes since starting QT on the 15th???

MichaelKami

Disclaimer

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.