GrizzlyBearBee

Pitchfork and Fib Extension resistance comes into focus

做多
CAPITALCOM:ZARJPY   ZAR/JPY
The Yen is no longer as a safe haven with the BoJ indicating that they are not bothered with a weak Yen. I expect further weakness, anticipating that the ZARJPY, AUDJPY & NZDJPY being great plays for this weakness

The 0.618 Fibonacci extension lies ahead with the price target for 2022 being at the 100% level at 9.519.

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