EURJPY dropped nicely from a key daily structure resistance.
I think that the pair can go even lower.
I expect a bearish move to 140.14
1675777297
I spotted a great example of a bullish reversal on USDJPY.
The pair formed a double bottom formation on a daily time frame
and broke a resistance...
EURJPY
Aug. 24, 2015, 09:20
Buy on a level breakthrough of 138.98 with 139.94 target. Stop loss = 138.48.
Reason for the trading strategy
The simultaneous growth of the euro and the yen does not allow the EUR/JPY pair get out of the range of 138,13-138,98. No significant macroeconomic...
EURUSD
Comment: Hovering around Fibonacci support as we consolidate under this year’s high, wondering which exactly is this year’s currency of choice when leveraging or de-leveraging. Allow for more of the same today and slow work all week. At-the-money implied volatility might pick up this...
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