People,
very steady plays in last few months as seen on weekly and daily charts. We have strong contraction done in last weeks and we thing this will continue to do so. JPY is on a buy side so potential for this pair to move down is bigger as also shown in ATR bubbles and Std channels pointing down.
Still a long way to go till 1st of August so we will bet on very stable trend to continue with downside risks. Target 73.
Good plays to all!
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