Based on my technical analysis, UJ looks like it will continue back in a bearish direction. Using my Fibonacci tool price has been bouncing off 61.8 fib level (also happens to be a QP area 103.675). Which lets us know that the bullish move made last week was only part of a retrace. For our take profit it will possibly be bearish all the way until it hits 127% fib extension level. (QP area 102.500). If you agree with my analysis please like or comment your input.
Happy holidays and I pray 2021 will be an amazing year for whoever reading this !!!
Happy holidays and I pray 2021 will be an amazing year for whoever reading this !!!