4HKUMO STILL SUPPORTS, TROUBLE AHEAD IF 105 ISNT SMASHED SOON
- 4H Kumo dip buyers continue to support, trend higher continues.
- 105.00 and particularly 105. 50 proving tough work, will need some bull-dozing.
- Need a solid close above 105.00 for that swipe at 105.50.
- Watch out for the main risk even today, NFP which is expected to be good, room for disappointment, aka USD weakness?????
- Thin cloud means weaker support.
-Kijun and Tanken sens crossed negatively but both flat and can act as potential support.
- I would be cautiously long if the numbers today are a non event, diverging monetary policies continue to underpin, blah blah blah BOJ.....
- 105.00 and particularly 105. 50 proving tough work, will need some bull-dozing.
- Need a solid close above 105.00 for that swipe at 105.50.
- Watch out for the main risk even today, NFP which is expected to be good, room for disappointment, aka USD weakness?????
- Thin cloud means weaker support.
-Kijun and Tanken sens crossed negatively but both flat and can act as potential support.
- I would be cautiously long if the numbers today are a non event, diverging monetary policies continue to underpin, blah blah blah BOJ.....