USDJPY The dollar is currently retreating to 110.718 after reaching six months high and most likely impacted by strong commodity-linked currencies after the US Treasury officials announced on Monday 22/5/2018 to eased its trade war with the Chinese government
There are two critical price points that I would like to point out for future references.
1. If the pullback continues below 110.077, we could be looking at a short opportunity with a price target at 108.482
2. There is a possibility of the dollar continuing its uptrend if it breaks and holds above 111.877
There are two critical price points that I would like to point out for future references.
1. If the pullback continues below 110.077, we could be looking at a short opportunity with a price target at 108.482
2. There is a possibility of the dollar continuing its uptrend if it breaks and holds above 111.877
