Short term UJ outlook is long.
Despite news hype I would way for next Fed meeting outcome to determine deviation from this trend.
If UJ breaks through resistance zone expect long for the remainder of April leading to Mid Marc.
Trading strategy would be to buy on lows and sell on highs while securing smaller lots for a longer term hold to 115 levels. These smaller lots could be reversed if Fed quantitative expansion plans are announced.
Despite news hype I would way for next Fed meeting outcome to determine deviation from this trend.
If UJ breaks through resistance zone expect long for the remainder of April leading to Mid Marc.
Trading strategy would be to buy on lows and sell on highs while securing smaller lots for a longer term hold to 115 levels. These smaller lots could be reversed if Fed quantitative expansion plans are announced.