DXYEURUSDGBPUSDXAUUSDUSDJPY Following my thoughts from 3 days back what we saw here, index value retracing inside the 1H TF bullish active range, but instead bouching from the 103.[5-4]xx zone, breaking through and opening below 103.200 zone. That's means that on DTF the retracing continues. However the next stop at 102.xxx is extremely serious because we are entering the daily discount extreme. Eyes there and let's see if dollar gonna re bouch from there. if you let me guess, to be honest I do expect a rebouch with the dollar start rallying for the rest of the year and that because if you switch to yearly TF there is a huge wick need to be filled off the 2022 year candle. but hey let's focus first to thus area .
USDJPY Yen acting as safe haven?? With 24% tariff hit, the BoJ is going to further delay the interest rate increase, moreover, with prices increasing, there is a direct correlation to employment which will decrease as companies find way to cut cost and increase revenue/profit. Not a good day for Japan, and Yen. Lets see
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