What Rate Hikes? It's a MessNikkei
- GDP growth metrics are expected to grow
JPY
- BOJ'S UCHIDA: WE MUST MAINTAIN CURRENT DEGREE OF MONETARY EASING FOR THE TIME BEING
- OJ'S UCHIDA: SEE NO BIG CHANGE TO JAPAN, U.S., ECONOMIC FUNDAMENTALS SO MARKET REACTION TO SINGLE U.S. DATA APPEARS TOO BIG
- JPY is overbought in the short-term according to CFTC
Technical & Other
Setup: TR(B)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Down
Long-term: Down
Min target: mirror level, 3R
Risk: 1.31%