The title of this post is not exactly true. This means we’ve had some exceptional moves on the Pound Yen and the range for our support and resistance is just to wide for the robot to look for a breakout trade. We will continue to watch this robot trading system tomorrow, so stay tuned.
We did have a gap fill from Sunday night, so we may see some more big moves or this could be the consolidation area. We did have a US Fed rate cut, which made this thing go crazy on the 18th.