In yesterday's analysis, I expected UJ to breach through 104.700 resistance zone with further bullish momentum, which was exactly what the market performed. In today's trading session, I will be focusing on short-term buying opportunities after some pullback with 105.550 resistance zone as target. Do check out my previous analysis to understand my personal thesis behind calling a bullish reversal at 103.000 zone since 6th Jan, I will link them below.
However, do not forget the overall trend on the higher timeframe remains bearish, I'm trying to capitalize on the short-term bullish sentiment in the market.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
However, do not forget the overall trend on the higher timeframe remains bearish, I'm trying to capitalize on the short-term bullish sentiment in the market.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
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Previous analysis
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