Too early to call this, but...
- Recovery in USD/JPY may be seen as talk of Q2 economic rebound and rhetoric from Fed officials indicates possibility of rate hike in June.
- Furthermore, GBP/USD could see a minor corrective rally before moving higher again..as long as Brexit vote does not gain pace.
- Traders should keep an eye on a dip below left shoulder level of 155.00 as that could signal further losses.
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Disclaimer
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.