Hi All,
following on from our last analysis on this pair, we can see price now forming a rising wedge and we have now completed a LH on D1, our bais is still bearish with caution as JPY fundamentally is not in the right path!.
With that been said we are looking at buy JPYs in the short term which means we will be bearish other currencies against the JPYs. There's not alot of correlations but i can see smiliar patterns across board with the exception of UJ and GJ.
Entry and sl marked.
Like follow and share.
many thanks
following on from our last analysis on this pair, we can see price now forming a rising wedge and we have now completed a LH on D1, our bais is still bearish with caution as JPY fundamentally is not in the right path!.
With that been said we are looking at buy JPYs in the short term which means we will be bearish other currencies against the JPYs. There's not alot of correlations but i can see smiliar patterns across board with the exception of UJ and GJ.
Entry and sl marked.
Like follow and share.
many thanks
Trade ativo