JPN225 may break below in the risk scnerion, selling easy to break the 200 DMA also long term trend line.
Idea for range trading, 200 DMA an interesting point, TTT + 200 DMA
Selling area, need confirmation to activate a sell trades.
Its trending H & S pattern, my preferance is to long Yen after trend break confirmation.
Neck line break, follow through still the question, entry needs confirmation 1st.
selling setup formation on the with JPY crosses, better to sell AUDJPY for short tem trades.
Hoping to sell from 1.17 to 1.1450 again, US GDP important today.
Dollar tired off after heavy selling, correction needed to start new rally.
Will it the end of current selling rally? Correction time my openion.
Good to buy after breakout, will try to catch for short term buy.
In larger picture 11800 eyeing for next level, a coorection required to go down further.
EURUSD What to expect in the medium term technically but waiting for ECB.