I’m expecting a the US dollar to gain some strength this week, aganist the Japenese Yen. Looking for possible minor move to the upside followed by a retest, and then finally a huge move. Reasons for USD strength:
1.) The yen was very strong last week, and if you look at other currency pairs that traded against the yen, you would notice huge directiontal moves.
2.) If you look at the monthly timeframe you would notice that price has found support at this current level several times.
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