Hi again, Everyone!
Despite the U.S. CPI coming “relatively in line”, the TIC Treasury Outflows Data atrocious , and Capacity Utilization and Industrial Production down… we are still making a decent bounce in our major “Match” of the Dollar Yen.
Here is our same Daily view from my previous Post…and we are grinding out some daylight here with the Dollar bounce off of Support.
Be sure to click once for the Captures, as most of the Analysis is on the Charts!
(Post-Time is 15:25 GMT)
Here on two Hourly captures, we can see the strength of the counter-trend move here…
We will meet again for the Sydney Open on Sunday and check our progress here with some more ideas!
A good weekend to all, and we’ll see you then!
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