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(27 August Asia) Latest Impact: USDJPY is being squeezed

 

                USDJPY is searching for a new explosion once it sorts itself out of the narrow Bollinger band with parameters reading 9480 and 9350. A close in any side and the target is put to reach 9700 or 9100. There is a possibility that both targets should be screened, but which one is first is a guess for a weakness trade. No need to guess; stay with the close and only.

 

 

 

 

 

 

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The Potential Flows of Trading Information constitute my (Anthony Samaha) judgment and are not trading recommendations. ****

 

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