
It was a rollercoaster of buys and sells during the course of last week's trade session as price action traded around the key level identified around the 131.000 level to emphasize a level of indecision in the market. Japan CPI inflation dips from over 40-year highs in Feb and the reading was at its lowest level since September 2022 but was still well above the BoJ's annual target of 2%. Readings came in at 3.3% down from 4.3% in the prior month... Next week is coming with a couple of fundamental activities that will bring some liquidity to the market; from the BoJ governor's press conference about monetary policies in Tokyo to the GDP data from the US docket. In this video, we technically analyzed the market structure with the intent of identifying potential trading opportunities in the coming week(s). #OPINIONLEADER#
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.

Leave Your Message Now