US stocks fell as the US dollar fell yesterday and the yen strengthened. US dollar drop sharped, break support and retest it.
The good edge in 1 hour is the price retesting the previous support; stoch reached overbought level ; RSI below 50
The Expect trading range fluctuate between 107.450 and 108.150 today.
The US and Japan fell below the 107.800 support and continued to fall. The intraday trading proposal is short on the rallies below 107.800, and the target is around 107.550.
*This is based on current market conditions which can change any time. All trades taken at your own risk
The good edge in 1 hour is the price retesting the previous support; stoch reached overbought level ; RSI below 50
The Expect trading range fluctuate between 107.450 and 108.150 today.
The US and Japan fell below the 107.800 support and continued to fall. The intraday trading proposal is short on the rallies below 107.800, and the target is around 107.550.
*This is based on current market conditions which can change any time. All trades taken at your own risk