Expcting
EURJPY
to fall this week. It has already fulfilled it's bullish trend and taken profit now a counter trend is most likely.
Fundamentally: We have increased risk in the economy both globally and in Europe. Sending EUR down is a likely effect of that.
Technically: We have a double top formation at important resistance zone.
Entry at Sunday market open,
TP at 124, weekly M1 and weekly target.
Fundamentally: We have increased risk in the economy both globally and in Europe. Sending EUR down is a likely effect of that.
Technically: We have a double top formation at important resistance zone.
Entry at Sunday market open,
TP at 124, weekly M1 and weekly target.