Smooth pull-back and re-test @ the 1.14222 critical resistance region with intra-day false breaks which reinforce my bearish projections. I expect 1.13689 to be wiped out - with the next re-test for this exchange rate @ 1.13242
Expecting further Yen strength on this currency pair. Evident false break above the 144.485 region which coincides with intra-day lower swing highs. Lower low expected to form to re-visit the 143.350 support level.
As this instrument has tapped into the significant region @ 0.70916 I am expecting a reversal with US Dollar strength to re-visit the 0.70415. demand region.
