Hey Guys!
The current eur/jpy weekly bias is short. Or in other words, price is likely to reach 124.41 before reaching 148.44.
So if I get a pullback to the 147.44 price level, I'm willing to take a short entry with a stop loss at 148.44 and its main target
at 124.41. That said, since this pair has overarching long strength on it, I am ultimately waiting for long confirmation for this pair.
In this post I explain the reasoning for my decisions.
That's it !
I'll keep you guys updated!
Have a great day!
Ken
The current eur/jpy weekly bias is short. Or in other words, price is likely to reach 124.41 before reaching 148.44.
So if I get a pullback to the 147.44 price level, I'm willing to take a short entry with a stop loss at 148.44 and its main target
at 124.41. That said, since this pair has overarching long strength on it, I am ultimately waiting for long confirmation for this pair.
In this post I explain the reasoning for my decisions.
That's it !
I'll keep you guys updated!
Have a great day!
Ken
Forex Trader/Forex Trading Education/Weekly Forex Forecasts and Midweek Forex Analysis