We have some important support right now,
61.8% retracement level
A = C,
support from previous wave 2.
If price does not go below 123.60 invalidation level, we will see price rally higher!
(!! Beware tonights BoJ Conference if you take any JPY trades!!)
61.8% retracement level
A = C,
support from previous wave 2.
If price does not go below 123.60 invalidation level, we will see price rally higher!
(!! Beware tonights BoJ Conference if you take any JPY trades!!)
Comment:
Looks like price is going to fill that gap and reach the 1.618 Fib projection level.
This will give even better R/R at that level !
This will give even better R/R at that level !
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