UJ is currently in a range bound condition after a strong downtrend momentum. In yesterday's forecast, I expected the market to break below the pivot trendline and re-visit 103.000 previous swing low as price had multiple rejections off 103.700, which was exactly what the market performed. Will be focusing on long-term selling opportunities if price breaks below 103.000, with a break & re-test setup with 102.000 as the primary target. Avoid holding overnight position today due to the public holiday and possible weekend gap.
Trade safe.
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