Unlike the other USD pairs this pair is being powered by a secondary which is the JPY of course we know we are in a bullish range here as we can see clearly from the swing high and swing low representation but we have to keep in mind even though bullish price action is probable we are getting very close to the 15O level which is the BOJ intervention level and we do not want to get caught up with any moves powered by them.
Main target for me here is to take lungs from the lower end of this range and trade to the high of the range I do not wish to try and trade outside of this range because we will be too close to the 150 level.
Main target for me here is to take lungs from the lower end of this range and trade to the high of the range I do not wish to try and trade outside of this range because we will be too close to the 150 level.
