5 possible long areas - retest levels and one sell area based on strong supply zone. As you can see I have set my alert notifications too. The point is that each on of the buying positions is based on key levels.
The pair is bullish but it is overextended in bull market bias.
149 currently seems too strong to break below, most likely going to 150
The_Forex_Path
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@ibrar550, yes. Totally I agree. But anytime in the future it approaches these areas, it will probably react via bullish orderblocks. So, consider it as points of interest
@ibrar550 I'd like to see it pullback over these next 2 wks before then and see the pump thereafter!
ibrar550
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@AschraM it is stalling at 149.50 then dropping but I do believe if BoJ make changes the price is drop over 200 pips easily
AschraM
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@ibrar550 that would be amazing. I'm in it to catch the sell so my hopes would be that 200 pip drop
AschraM
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fingers crossed 🤞
ibrar550
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@AschraM eurjpy, gbpjpy and chfjpy all have had huge upsides since last Friday and only went up due to BoJ new governor stating he doesn't need to make any changes yet but that could change come 28 April and a massive drop