While I want to be buying YEN this pair is very over exposed to the downside.
Very little volume of orders below the 76.2 support so a bounce here up to the resistance is my anticipated play on this. in keeping with the long established down trend i will look for sells off of a rejection of the resistance.
below the range support would be my second short target S1 - 74.571
Very little volume of orders below the 76.2 support so a bounce here up to the resistance is my anticipated play on this. in keeping with the long established down trend i will look for sells off of a rejection of the resistance.
below the range support would be my second short target S1 - 74.571
