Hello chaps. This pair has rapidly fallen like a gravestone towards southern locations. I would like to jump this train to hell if the setup is right. For the time beeing we have seen a lot of bearish pressure and som correction could be coming soon.
I would like to see the level 163.985 cleared and the 200 SMA to be broken in order to add risk to this particular case.
I have the same though for USDJPY if it brakes the monthly support. And for the CADJPY which I'm in.