Big News coming , Wedge & Support here
-Usd- Core Durable goods order is coming up followed by -Jpy- Core CPI which is expected to be awful. -Usd- Gdp & Yellen speech is Friday. Yellen expected to be upbeat. Do keep in mind additional QE is expected from BOJ. BOJ Conference is June 15.
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exited with + 140 pips. the top line of the wedge is a fragment off & well it basically hit soo i exited becuz of technical & will look again 2 buy this
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price stood in the wedge. just bought vey conservatively at 110.61 until Friday. Usd unemployment expectations is expected 2 go low. will def add onto it if Unemployment turns out 2 be as expected.
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new support zone.. watch for 2morrows possible Unemployment rate change. Buy if it goes below 5.0 CHART --->
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Bought very conservatively at 107.4. June 15 is BOJ Conference & i expect JPY to be down talked very bad.