Hi,
The way i see it i am gold bear wich means jxy -0.21% will drop. However i honestly do NOT like this chart.
I've seen these setups fail a bunch of times.
My advice next days would be to be very cautious.
And track how this binary event and the proxies around it evolve.
Act if you see an opportunity.
Most likely it will crack down. Wich means sell the yen.
The way i see it i am gold bear wich means jxy -0.21% will drop. However i honestly do NOT like this chart.
I've seen these setups fail a bunch of times.
My advice next days would be to be very cautious.
And track how this binary event and the proxies around it evolve.
Act if you see an opportunity.
Most likely it will crack down. Wich means sell the yen.
Comment:
Usdjpy weekly:
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Dxy monthly:
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Gold weekly:
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Silver weekly: