Expecting dollar sell-off across the broad. Euro, Gold, USDNOK and USDOLLAR have good setups, but the best i think is USDJPY, with BOJ Core CPI figures on top on Fri
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Its looks like corrective 2 wave for me now.. whatever! I'm still sitting in the trade. H&S target: 106.13 (680pips from current level) Stop: 114.20
in line with USDJPY decline, another H&S in Nikkei emerging just bellow 50% fib. Depressing CPI figures tonight could be encouraging to break that neckline.. keeping eye on that:
dvinfx
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My long term view on this pair with Head & Shoulder pattern and elliott wave:
dvinfx
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Caution: Bank of Japan Governor Kuroda to appear in parliament (from 0400GMT) . Can be one more spike 112.60 - 112.70 will reenter