My Analysis for GJ : Neutral till conformation of Bias

107
139.06 will provide buying power to take the price to the 140 and above.
Break below 137.80 will confirm bear power till 136.

Currently the market is poised. unless with a confirmation we shouldn't trade GJ. Hopefully by tomorrow we will have confirmation on the short term bias.

Points to remember :
1. Weekly is making higher highs.
2. Currently the price is rang bound and had not confirmed any bear bias.
3. UK is struggling with Brexit where as Brexit will have different perspective to EU
4. JPY the safe heaven is still the preferred currency among most of the traders and they would like to JPY gaining.

It would be ideal if you guys can share your view.

Cheers !

Penafian

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