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PriceSpeakers
Aug 1, 2016 3:45 AM

New bearish directrix 

Euro Fx/Japanese YenFXCM

Description

FX:EURJPY
  • The price draws a solid expansion between July 10 and July 15.

  • Its upward force is lateralized with ranges mini breaks and low liquidity.

  • The price starts to move downward directrix with these solid downward movements.

  • The price is enrangado because of that, but with a very bearish outlook.

  • Recall that the liquidity of the London market is the one that determines the direction for tomorrow.
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