This pair has the potential to capitulate again, it all depend on the Yen Strenght that is currently obvious in all the Yen crosses.
Technically, price has rejected the 61.8% retracement of the Lower High created on 8th Nov. We will go short from 109.04, stop is at 109.30.
Intraday Target is 108.54.
Technically, price has rejected the 61.8% retracement of the Lower High created on 8th Nov. We will go short from 109.04, stop is at 109.30.
Intraday Target is 108.54.
Trade active
Entry!Trade closed manually
closed and took profit. strong rally likelu cos price failed twice.
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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.