The JPY pairs have been big movers lately. The USDJPY not so much because both currencies are gaining value = sideways chop. If the JPY gets above our trend line, more downside for JPY pairs, but... it could be a great bouncing place too. This is our pivot area for JPY pairs. I'll update when we get close to that line.
Kommentar:
Getting close to the trend line. If it breaks, I will probably sell GJ and EJ tonight.
Kommentar:
Broke through and retesting now.
Kommentar:
It failed to stay above, weakness it is.