Analysis and price points of interest on chart.
Higher time frame bearish after an impulsive fundamental drop. We could potentially see a large retest fading out the yen strength we saw last week. Any resistance created could provide sell opportunities going with the trend. Further confirmations required (resistance, break of range, engulfing bearish candles).
Higher time frame bearish after an impulsive fundamental drop. We could potentially see a large retest fading out the yen strength we saw last week. Any resistance created could provide sell opportunities going with the trend. Further confirmations required (resistance, break of range, engulfing bearish candles).