It's not so clear if it's on retracement / Correction to continue Bullish move or it's on reversal and going Bearish.
If 162.500 resistance hold firm, then we may see a bearish move.
As a side note, JPY is about to increase their Interest Rate this month or next month as some Economist predicted. If this news is accurate, we will see a Bearish move that will break the long term uptrend.
**** This post is for educational only and it's not suggesting any investment or trading advice. ****
If 162.500 resistance hold firm, then we may see a bearish move.
As a side note, JPY is about to increase their Interest Rate this month or next month as some Economist predicted. If this news is accurate, we will see a Bearish move that will break the long term uptrend.
**** This post is for educational only and it's not suggesting any investment or trading advice. ****