Wait
Updated
12 June 2017 Monday (Monday was a public holiday)
Monthly chart:
Candlestick – will break thru a weak s/r level 109.593
MAs – 3 and 9 and 13 have crossed
MACD – histogram – flat
Momentum – at 75% and is declining
Stochastic – has crossed and is declining
CCI - flattening
Bollinger band – in the lower band
Weekly chart:
Candlesticks – opened low
MAs - have crossed
Might attempt at s/r = 108.834 (lower of 109.593)
Economic Calendar
Wednesday 14th June 10.30 = US CPI
Thursday 15th June 04.00 = Fed Interest Rate decision & FOMC Economic Projection
Friday 16th June 1pm = BOJ Interest Rate decision
This means = wait, need a (convincing) direction from BOJ, FED and FOMC meeting results.
I have a feeling (cannot be acted upon) that it will touch 108.834 or at least 109.593
then bounced up after the FOMC meeting results. [This means, if it goes up, >July only can enter - waiting for confirmation].
Monthly chart:
Candlestick – will break thru a weak s/r level 109.593
MAs – 3 and 9 and 13 have crossed
MACD – histogram – flat
Momentum – at 75% and is declining
Stochastic – has crossed and is declining
CCI - flattening
Bollinger band – in the lower band
Weekly chart:
Candlesticks – opened low
MAs - have crossed
Might attempt at s/r = 108.834 (lower of 109.593)
Economic Calendar
Wednesday 14th June 10.30 = US CPI
Thursday 15th June 04.00 = Fed Interest Rate decision & FOMC Economic Projection
Friday 16th June 1pm = BOJ Interest Rate decision
This means = wait, need a (convincing) direction from BOJ, FED and FOMC meeting results.
I have a feeling (cannot be acted upon) that it will touch 108.834 or at least 109.593
then bounced up after the FOMC meeting results. [This means, if it goes up, >July only can enter - waiting for confirmation].
Note
it did hit 109.593 last nigt
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