TradingView
claydoctor
Jun 26, 2014 2:11 AM

EURJPY heading for bear cross 200/50MA Short

Euro Fx/Japanese YenFXCM

Description

Bollinger constricting possible break coming up, 50 day heading for 200 da MA, bear cross maybe the result. With the obvious bounce off the 200 MA on 6-14-14, unless we get some good news world wide, which I don't think is coming, and bad news, bad GDP, bad economic news continues, next earnings may not save us, and probably send us down further anyway. Sorry folks, this pair leads the markets,and the bears are waking up from their hiburnation, stretching, and getting ready to roar.
More