Currently Eur/Jpy and Gbp/Jpy are showing strength on daily and 4H chart, but daily volumes can show that in coming day some weakness can be seen in both these pairs, I have short as the price is in supply zone, retail might be correct but smart money can prove them wrong so even if the price is in supply zone it can be manipulated to siphoned off the profits. More over any kind of stimulus we expect from JPY in order to avoid downward economy risk would further bring weakness in Jpy currency.
At the same time AUD , NZD , and CAD would be ideal entry to go long
At the same time AUD , NZD , and CAD would be ideal entry to go long
