Wait

12 June 2017 Monday (Monday was a public holiday)

Monthly chart:
Candlestick – will break thru a weak s/r level 109.593
MAs – 3 and 9 and 13 have crossed

MACD – histogram – flat
Momentum – at 75% and is declining
Stochastic – has crossed and is declining
CCI - flattening
Bollinger band – in the lower band

Weekly chart:
Candlesticks – opened low
MAs - have crossed

Might attempt at s/r = 108.834 (lower of 109.593)

Economic Calendar
Wednesday 14th June 10.30 = US CPI
Thursday 15th June 04.00 = Fed Interest Rate decision & FOMC Economic Projection

Friday 16th June 1pm = BOJ Interest Rate decision


This means = wait, need a (convincing) direction from BOJ, FED and FOMC meeting results.
I have a feeling (cannot be acted upon) that it will touch 108.834 or at least 109.593
then bounced up after the FOMC meeting results. .

Yorum:

it did hit 109.593 last nigt