UJ looks like it's setting up for a short here pretty soon but with the Fed due tomorrow, I'm passing on this one most likely.
It would need to hit the 71.6 fib retrace to set up properly here...113.68, give or take a few pips.
Hourly chart...Wave count shows this to be a Wave 4 move back up here and on the 4 hour chart, getting ready to move back down and test the neckline around 112.20 or so.
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