This pair has more probability to continue dropping up to 80. Depending on fundamentals/sentiment next week especially regarding oil and strength of USD in relation to JPY, it can either drop further to 75 or bounce up after reaching 80.
www.nasdaq.com/artic...ecline-over-cm767923
Oil:
D:
W:
Confidence: C (with weekly oil chart showing slight recovery, this pair might bounce up sooner than I expect and might not reach 80)
www.nasdaq.com/artic...ecline-over-cm767923
Oil:
D:
W:
Confidence: C (with weekly oil chart showing slight recovery, this pair might bounce up sooner than I expect and might not reach 80)
Order cancelled:
Cancelled this trade last week because stop order wasn't hit. Will monitor again this week.