Looking at UsdJpy, price is showing some bullish rejection away from the daily support level that has been formed. If price manages to break and retest the hourly swing level, I'll be waiting for bullish rejection before taking buy positions.
With the strong bearish push from the NFP news release at the end of last week, I believe USD sentiment will rise back to the previous daily highs on most pairs. We shall see.
With the strong bearish push from the NFP news release at the end of last week, I believe USD sentiment will rise back to the previous daily highs on most pairs. We shall see.
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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.