GJ breaks the stiff resistance at 157.4 after 3 tries. My sell postions were closed by gaining few pips only. I don't have any position right now and waiting to make a better entry. I can see that the market has already overbought but it doesn't mean that i can enter short in near term. Now i'm anticipating a rise till 158.5 and will decide to enter short later on. Perhaps the next 3 candlesticks will tell me the direction of the market until the market close this week. I will have to put my eyes on Nikkei when the asian session opens. On the other hand, i'm anticipating the count of wave 3 in the long term at 162 area.
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