Hi Traders,
Friday's volatility caused some massive sell offs across the board, especially with JPY pairs. The US dollar gained some momentum but in my opinion, it's short lived. We had a strong Impulsive push down from the upper boundary of the ascending channel and now price has sinve been consolidating which I feel will drop to the previous low before heading to the mid 97.00 range.
Anything can happen, follow your trading plan and trade safe.
Comment below and share your view on this pair! Click the like button if this helps you!
Friday's volatility caused some massive sell offs across the board, especially with JPY pairs. The US dollar gained some momentum but in my opinion, it's short lived. We had a strong Impulsive push down from the upper boundary of the ascending channel and now price has sinve been consolidating which I feel will drop to the previous low before heading to the mid 97.00 range.
Anything can happen, follow your trading plan and trade safe.
Comment below and share your view on this pair! Click the like button if this helps you!
