- EUR gains strength and the Yen could potentially weaken.
- The CoT reports highlight the increase in short contracts of Japanese Yen potentially highlighting a reversal.
- Daily price action shows price rejecting the previous low forming a potential double bottom pattern. A break of the daily high could lead us back into the key weekly lows.
Regards, GoldfXcc team
- The CoT reports highlight the increase in short contracts of Japanese Yen potentially highlighting a reversal.
- Daily price action shows price rejecting the previous low forming a potential double bottom pattern. A break of the daily high could lead us back into the key weekly lows.
Regards, GoldfXcc team
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