Price broke the recent swing highand has tapped into daily supply levels. Anticipating a retracement into 196.000 for a retest of the daily zone. Head and shoulders on lowered timeframes retested, and liquidity taken with swift move back below. Jpy is also a safe haven currency and geopolitical tentions rife could cause a drop from this price area.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.