Overnight ramp job with decent follow-through. Be careful around 1830.75.
Though, USDJPY is making a bid to push through the white channel midline. If it does? No guarantee of a deeper retrace. Yesterday’s push failed at the .886 (purple grid.) A repeat would see the pair peter out at 104.72 and ES at 1832-1833.
Look for a turn at 10:00 am.
UPDATE: 10:35 AM
USDJPY topped out at 104.66, just a hair below our 104.72 target.
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