The Pound is on the verge of getting weaker and the Yen stronger. This is a recipe for bearish activity.
I will be looking short on this pair, I would love a pull back to 140.000 region with a harmonic completing at that zone.
I have two green zones, the first is where I expect some bears to take some profits, but my true target is the second zone which is a .382 fib on the daily and level of prior support.
I will be looking short on this pair, I would love a pull back to 140.000 region with a harmonic completing at that zone.
I have two green zones, the first is where I expect some bears to take some profits, but my true target is the second zone which is a .382 fib on the daily and level of prior support.