June 13th is futures contract expiration. I'm expecting some major volatility for Yen this month. SGDJPY must break 90.750 area to confirm a reversal. In the event of a reversal, I'm targeting 86.000 area.
Comment
⋅
Tried using a parallel channel as the extension of the pitchfork line while also using the edges of the box on the 0. Watching waiting for possible bearish divergence to play out
Comment
⋅
Could be a relaxing next few years. Powell no more rate hikes since starting QT on the 15th???