15800 was a key resistance and we got a almost 400points sell off from there. TBH, the daily candle is bearish but did not clear previous low; thus it might not be so bearish?
But plan for today would be to look for a possible rejection off 15625 for a move lower, possibly to 15333. But as mentioned, the BOJ meeting later would likely be the main driver for the move (or at least the initial reaction), thus it would likely be a move before US session.
But plan for today would be to look for a possible rejection off 15625 for a move lower, possibly to 15333. But as mentioned, the BOJ meeting later would likely be the main driver for the move (or at least the initial reaction), thus it would likely be a move before US session.
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
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.