This is what I'm seeing for EURJPY for Tuesday Sept. 11, 2018.
On August 15, 2018 EURJPY made a push up from the 125.3 region all the way up to the 130.7 region over the course of two weeks.
Throughout that time, there was no significant pullback. I believe that now we are seeing that pullback.
We've made a 50% pullback so far, but I believe that EURJPY will make another solid push down to test the 61% region.
You can see we are respecting a channel, and I expect that to continue.
Happy trading! Hope everyone has an amazing week!
~TT
*Trade at your own risk. I am not qualified to give financial advice. This is simply MY PERSPECTIVE :)
On August 15, 2018 EURJPY made a push up from the 125.3 region all the way up to the 130.7 region over the course of two weeks.
Throughout that time, there was no significant pullback. I believe that now we are seeing that pullback.
We've made a 50% pullback so far, but I believe that EURJPY will make another solid push down to test the 61% region.
You can see we are respecting a channel, and I expect that to continue.
Happy trading! Hope everyone has an amazing week!
~TT
*Trade at your own risk. I am not qualified to give financial advice. This is simply MY PERSPECTIVE :)