Breakout: Learn, Value

 

 

Breakout: Learn, Value

On time after time comma and individual chart, yen did a double top breakout at 98. 25 confluenced with the breakout of resistance line. The up poke stopped at 99. 25. Resembles yen need more time prior to produced a decision how to attack the key 100 level. Since Euro already stayed in a top assortment for 5 days, such kind of volatility dried up would display a high probability trending day subsequently Friday.

A good candidate for breach business this week is the USDCHF currency pair, which will act as today' s template.) Then Euro slowly slide back.




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