Trend Continuation.
Last week saw a complete 61.8% fib retracement into a strong bullish candle.
We anticipate a correction to either of the yellow zone levels identified and await exhausted selling to take long positions up to the key monthly resistance at 1.14956 where profits can be taken and a new position taken.
Last week saw a complete 61.8% fib retracement into a strong bullish candle.
We anticipate a correction to either of the yellow zone levels identified and await exhausted selling to take long positions up to the key monthly resistance at 1.14956 where profits can be taken and a new position taken.
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USD/JPY
Elliot_Myers
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