4hr if the the pink wedge is in play then once price drops bottom side of it - buy opportunity -
kate25
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I think this may be what is in play -
Banker928
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agreed... jpy should gain across the board today.... and like you pointed out, 139.00 is the logical target.
we've got draghi talking the euro down, boj not adding to stimulus, and global tensions.... Got everything we need for this to fall more.
Banker928
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a leaked report from Nikkei suggests that the japanese cabinet will downgrade its economic assessment later this month. This weakened the yen as it fueled expectations of more stimulus. That is what caused the stop loss being hit.