Hello, I do like your chart-sharing. Appreciate that.. I have been trying to catch a meaningful 'Retrace' for weeks now. BOJ has turned the USDJPY pair into their "Self-Made" "Carry-Trade." They have unlimited Yen-to-spend, AND when they Manipulate this pair they SPEND Yen, and, they receive US DOLLARS. With US Dollars wanted around the World, this is all a Plus-Plus for Japan.
Also, this pair is moving in "lock-Step" with the S & P .. as our FOMC wants to show the appearance of the "Wealth-Effect" into year-end, this pair has not been retracing very predictably. I am still short 113.67 (net) so am waiting to see if we can get a break-&-retrace Monday/Tuesday before FOMC on Wednesday. Luck to you ... try to stay safe .. warm .. well-fed ...@RrrussT1
Also, this pair is moving in "lock-Step" with the S & P .. as our FOMC wants to show the appearance of the "Wealth-Effect" into year-end, this pair has not been retracing very predictably. I am still short 113.67 (net) so am waiting to see if we can get a break-&-retrace Monday/Tuesday before FOMC on Wednesday. Luck to you ... try to stay safe .. warm .. well-fed ...@RrrussT1