The Yen was slightly stronger during the Asian session with JPN225 being bullish on H1 chat, while the Aussie is slightly weaker against most pairs excluding Pound and Euro using the strength test.
The stochastic on D1 is between 80-50 zone looking to go down, on H4 just went off the overbought area heading to the 50 zone while on H1 the stoch is between 50-20 heading to oversold area.


Price action is trapped using equidistant on H4, with price action starting to breakout the lower trend line and moving averages 5 and 8 crossing a possible change of trend night take place. If price action breakout and retraces on H1 or H4 and test previous resistance as support on lower timeframes 5min and 15min, a short position will be considered.




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