On the technicals it is a simple AB=CD leg in play to the downside, a break of 110.4 will open up the remainder of the move.
For the macro side we have seasonality flows going on. Fiscal year end repatriation moves back to Yen, we are right on time for a mid-march kickoff... something those from the forex channel will know we have been tracking for some time.
Good luck
הערה
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First targets hit 110.4!
הערה
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We are starting to reach the end of the road here, well done all shorts!
עסקה סגורה: היעד הושג
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A long ride here, finally clearing targets. Well played shorts.