Tech; BOLL 20 2 2 EMA
On the daily chart, it is looking scary, because it has been endlessly falling without touching the lower bound of the Bollinger Bands.
But it will rebounce in the next 2 days, upper resistance is un-predictable, because it can be balanced by the appreciation of YEN.
On the monthly chart, it should hit below 120, that would happen in Sep. . Mainly driven by the YEN, that GBP would be on its rebounce during this period. The red line level 119 should be where it becomes stead…
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