It is esy to see, that on the M30 interval there is a double bottom pattern. I think the right time to go into a long position is above resistance level (113,22).
That should interest you
What does the data mean to the market?
The Core Consumer Price Index (CPI) measures the changes in the price of goods and services, excluding food and energy. The CPI measures price change from the perspective of the consumer. It is a key way to measure changes…
The U.S. dollar-Yen is in the lower region of its 6-hour and 16-hour price ranges and is rising above the 2- and 4-hour baselines, which gives me reason to suspect the rate will continue climbing above 109.57.