UJ Range Break

23. Feb. 2019

Beautiful range for scalping. Unfortunately it looks like it'll break the 110.576 zone due to no rejection wicks in the last candles to the hit that zone. Watch for a buy or a short at that zone depending on the rejection / exhaustion wicks / consolidates at that zone. 10-20 pip spread going long & short, higher risk if you're going past 10 + pips. This trade will require attention. JPY news isn't that crazy this week, watch FOMC USD news on monday that may be the catalyst that this pair needs to break its support.