Look to next level of resistance if ~111.4x is regained. Otherwise, we may visit ~108.2x in a week or two.
Comment:
As expected, the temporary weakness in USD/JPY was only a consolidation. We have a bit more to go before we hit resistance. Above 112.183 today would be very bullish. Expect a lower-low if it holds. Great setup.
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As expected, the temporary weakness in USD/JPY was only a consolidation. We have a bit more to go before we hit resistance. Above 112.183 today would be very bullish. Expect a lower-low if it holds. Great setup.