Great oppurtunity for a long entry!
Currently sitting at 106.34, Dollar/Yen currently REtesting a double bottom that was hit in the beginning of May and also the supply and demand zone.
Indicators pointing to the BULLISH direction:
1.Bullish divergence
2.Bullish fractal
3.Double Bottom
4.Low Rsi
5. Second retest of the S&D zone.
Lets see what happens after the FOMC this morning.
Goodluck.
Currently sitting at 106.34, Dollar/Yen currently REtesting a double bottom that was hit in the beginning of May and also the supply and demand zone.
Indicators pointing to the BULLISH direction:
1.Bullish divergence
2.Bullish fractal
3.Double Bottom
4.Low Rsi
5. Second retest of the S&D zone.
Lets see what happens after the FOMC this morning.
Goodluck.