We have two options from here on, one with a higher probability. If we can break above the resistance at 111.255 JPY, there is much space to the upside. I will trade it like shown in the picture. Buy the retest. The second option is, that we break the support at the last days lows, then we have much space for short. (less likely)
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like expected. i will place my order here, let´s see if we get into the market. price can run at leat to the last high.
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limit at 111.084 JPY
Сделка активна
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stop to entry and enjoy your profits!