Last week technically, GJ experienced a strong downtrend after it rejected from my rejection zone at 159.47. I expect this momentum to continue as you can see all odds favor the Japanese yen both technically and fundamentally as a new BOJ governor is in place!
With an RR of 1:4.5
NB: Red box zone: rejection zone
Blue box zone: breakout zone!
With an RR of 1:4.5
NB: Red box zone: rejection zone
Blue box zone: breakout zone!
