hello everyone, so far the jpy is performing well against all pairs..
price has reach monthly resistance, the month of Dec 2023 ended with a bearish monthly bar.. however, the candle in weekly is still indecision, we can't confirm at the moment the price is bearish or bullish this week.. so we still need to wait for more confirmation....
if bar closes below 106.2 on weekly tf it's a good indication the price will continue bearish...
good luck.. take caution!!!
price has reach monthly resistance, the month of Dec 2023 ended with a bearish monthly bar.. however, the candle in weekly is still indecision, we can't confirm at the moment the price is bearish or bullish this week.. so we still need to wait for more confirmation....
if bar closes below 106.2 on weekly tf it's a good indication the price will continue bearish...
good luck.. take caution!!!