Sell at 35% of recent move down.
Target 38.2 of whole swing up on daily time-frame.
Risk: it fails if H1 candle closes above 74.3
Fundamentals: We expect the BoJ to keep its ‘QQE with yield curve control’ policy unchanged at the next monetary policy meeting ending today.
Australian Unemployment Rate came out to be 5.3% vs previous as well as forecast of 5.2%.
