Expecting UJ to slowly break into a buy after staying within resistance and support prices 132.600 and 131.600 since early Monday. MA convergence here + indicators show signs of a nice upward movement.
I am also expecting the 10-year bond auction today to favor USD as well, which should drive prices for the short-term.
Buy Entry: 133.000
Targets: 133.375 | 133.700 | 134.100 | 134.430
Resistance: 134.750
Be sure to like this post and let me know what you think in the comments below.
I am also expecting the 10-year bond auction today to favor USD as well, which should drive prices for the short-term.
Buy Entry: 133.000
Targets: 133.375 | 133.700 | 134.100 | 134.430
Resistance: 134.750
Be sure to like this post and let me know what you think in the comments below.
Comment:
Support/Stop Loss: 131.300
