The demand for risk assets will continue dropping due to the remaining mood of panic in the market, which means that the Japanese yen, as a safe-haven currency, will be in demand. Considering the circumstances, we believe that there’s a greater likelihood of a further decline than growth.
The price …
The overall trend is upward according to the 365 and 135 moving averages. The round intermediate level of 112.50 holds back sellers. Awesome Oscillator shows a bullish divergence. The descending H2 level pattern is probably a wave (B) of the ascending H4 level pattern.
Trading recommendations:
Buy strictly while an …
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