technically i see that GJ long this week , after its correction to 38.2% fibo level/ support area at 147.200 and make a reversal candle from this area on daily chart
first target 151.800
second target 155.300
also at tuesday we have costumer price index
wednesday we have an inflation hearings
so take care while trading
as GJ falling back from a weekly resistance forming a shooting star on weekly frame so we going to see a falling down this week to retest the broken resistance at 147.700 as it also a 61.8% fibonnacci level
best sell at 150.900
GJ rebound from weekly support at 139.800 so we gonna meet area of 142.000
we will watch the price around this area if its breaks 142.000 so we gonna see 144.000 area
and if falls again which is more realistic scenario we gonna meet 139.800 again then 138.800
also we have an inflation hearing on wednesday
Best Buy around 140.000
after breaking the uptrend line with strong weekly bearish candle as well as breaking strong daily support at 141.000
so we gonna think bearish this week at 4 hour chart we may see a retest for the 141.000 area again before falling to 139.000 to also RSI indicator support our vision as its on the oversold area ...
best sell area:141.000/ 140.000
also as UK we...
we are confirmed in uptrend on 12 june 2017 ..but we have a strong daily resistance at 148.100 which the price can't break it since 16 dec 2016 ... and also the pair make higher lows which confirmed ascending triangle which make us think that we are going long on the long term but before that .. we see on 4 h chart a double top pattern which make the pair going...