#USDJPY
Short term retracement coming to an end. Market could potentially be ready to complete next wave.
Fib target remains at 153.829
Market in sell zone, waiting to break above counter trendline as resistance to enter into buy zone.
Strategy is to buy breaks and retest to fib target whilst the Feds are still hawkish. CPI numbers to be released later today as an indication of inflation numbers for the foreseeable future
Short term retracement coming to an end. Market could potentially be ready to complete next wave.
Fib target remains at 153.829
Market in sell zone, waiting to break above counter trendline as resistance to enter into buy zone.
Strategy is to buy breaks and retest to fib target whilst the Feds are still hawkish. CPI numbers to be released later today as an indication of inflation numbers for the foreseeable future
