We have a rising wedge that was fully broken and retested. Ultimately we are looking for a correction down to the %50 before making its way back up. The technical levels are noted. Please be aware of news that could change plans for this setup Happy trading
Current Analysis on USDJPY. Renkos has sufficient ability to present levels greatly in the marketplace. USDJPY is at a critical support level and is poised to make a move to the upside. However if is does take a deep to the downside maybe able to capitalize going long at lower levels. we also have a Deep Crab pattern that presents us with a buying opportunity.
USDCHF has broken the trendline and is in conjunction with the MACD below the zero line for downside momemtum
UCAD has broken key levels and has broken the trendline look for a continuation after the retest