Actually, the bearishness remains favoured after breaching the corrective trend line, but we will avoid trading the pair today due to continuous rumours about the BOJ interventions, which are not affirmed.
Any breaks below 110.65 will argue bears to resume their bearish trip.
Support: 111.60-111.05-110.80
Resistance: 112.00-112.40-113.00
Direction: Bearish, but we will avoid trading the pair today.
Any breaks below 110.65 will argue bears to resume their bearish trip.
Support: 111.60-111.05-110.80
Resistance: 112.00-112.40-113.00
Direction: Bearish, but we will avoid trading the pair today.