We decided to look at the COT data of the japanese Yen and it shows extreme levels for Large speculators (green). It means that we may see some slow down of a current bear move, or even rally in the months ahead.
We talked about japanese Yen in our latest live webinar recorded on July 05 2023. Watch it below:
BCHUSD Is Pointing Higher Within A Bullish Impulse. Check our blog HERE