UJ Seasonality drop of UJ with target 104.7 before 1st of November, so I expect a pretty steep drop here.
This may be one of the few more to come. Perhaps another drop to 100 or 98 after this.
Zlecenie aktywne
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Komentarz
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UJ consolidates as U and J are devaluing at the same rate. Once U start its steady devaluation downtrend J will detach from the trend when buying pressure overtakes the transponded selling pressure of U. Totally my personal view here and I expect to have a better explanation or wording at any later stage of my research on UJ Seasonality.
Komentarz
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Retesting 108.8, going for a double top on the hourly. Also see a doji forning, or hanging man if you like.
TECHNICAL I AGREE BUT THE WEEKLY CHART it's more than target.
SignalWolf
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i post a similar couple of days ago, do you think it wil rise to 109.25 before dropping?
thank you
Deep-Peat-Shark
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@dannydegrote, I never exclude any scenario but I do not expect it to happen as this event receives its extensive attention around the globe by many traders. But again, never say never :)