My bias on this pair is to the downside. If we breach the white and yellow trend-line we will go long. Current bias is short though, looking for targets at 108 and then 106.
Kommentar:
Short bias is now denied, we will look at a retest of support, former resistance, (orange dotted line) to buy with targets around 120. Since I still see strength coming in the yen my position will be very small.