As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As I said in the last weeks .. s I said UJ rejected from the Fibonacci 0.5 ... it went down in the area 108,600 from where it rejected again and goes again to the...
Last month It ran a range between MPP (P) 109.442 and MPP (R1) 110.769.
Location of MPP of last month
In July, the resistance of the MPP (R1) last month went out and price ran up like a racehorse who confirmed the gate opened.
However, although it is commonplace, that alone is not a strong trading reason.
This is pair already in a bearish trend and adding to it , UJ was unable to break the market structure at (110.74) and also respected the trend line. Even since DXY is about to fall hard , expect really good movement to the 110.94 market zone.