Usa/jyn buy signal continues to gain strength and a break above 100.00 appears likely in the days ahead. It is important to note that the buy signal from Vantage Point on this pair formed over a week ago.
Euro/usa has moved back towards range bottom at 1.3750 however only a sustained break of this area takes the pressure off the upside keeping things very simple. The pair is likely to play a range of 1.3750 to 1.4350 in the short term again keeping things very simple.
Despite market commentary on a weak USAD we see the market has moved in the complete opposite direction which is not a surprise.
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