Descending Wedge against 38.2% Fib
Today's open may very well have hit the lows as it took a strong bounce from there.
Other Yen pairs displaying the same price action.
Further confirmation could come from break of upper trend line, aggressive positioning from current levels against the lower trend line. BOJ up this week, could be the catalyst.
Other Yen pairs displaying the same price action.
Further confirmation could come from break of upper trend line, aggressive positioning from current levels against the lower trend line. BOJ up this week, could be the catalyst.