Support becomes resistance becomes support becomes resistance.The pivotal 108.20 held and the USDJPY makes its way to 107.00.Today is intraday bearish and expect a move to 107.10.
We finally see EU correcting after an impressive move down. Today I can imagine EU retracing higher towards 1.2855.
1.3000 should hold the correction in this strong bearish trend. Take care, this is definitely counter-trend!
I'll watch the 1.2855 level to reenter short.
the correction of that impressive bullish move to 180.70 bounced
yesterday from a strong support level. I'll look to rejoin the bullish
trend in 173.75-174.30 zone.