In yesterday's analysis, I discussed about UJ to have possible deep pullbacks to re-test the 105.600 resistance zone, which was exactly what the market performed. In today's trading session, I will be focusing on short-term selling opportunities after a re-test of 105.600 zone with 104.700 support zone 1 as the initial target. Be cautious if there's bullish momentum pushing price back towards 106.100 resistance zone, that could align a possible double top setup. Stay reactive.
Do not forget the overall trend on the higher timeframe remains bearish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
Do not forget the overall trend on the higher timeframe remains bearish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
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