


mbauerfx
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Joined Oct 8, 2015
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USD/JPY - Bear Market. Retail traders are net long 2.8:1. This confirms further downside continuation risk outweighs upside risk at the moment. Negated if price closes on Daily Chart above 1.1832 handle and 9/21 EMAs have crossed up. Bearish bias also negated if retail trader positioning drastically falls or reverses. Trade Options Option 1: Wait for price...
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US Dollar - Overall USD market sentiment still bearish as long as price closes below 12306 level on Daily chart and 8/21 Daily EMAs are crossed down.
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