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Short

EURJPY: Expecting Shorts To Come Into This Pair #Forex

FX:EURJPY   Euro / Japanese Yen
509 4 7
Friends,

This is my opinion of where we are in a cycle, this is purely MY opinion only so feel free to take what you want from this. I think we've had the impulse moves, and are now coming back to mean price, which could be a long term likely target. Price is in a minor consolidation right now, so it's vital to use daily, 240 chart to find decent entries :)

Best of luck,
Tom
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Nice I like it
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Agree, with the EURUSD and USDJPY long term bearish outlook this pair should follow them. Regards.
+1 Reply
TomProTrader PRO FullTimeTrader
Yeah I agree, I have the same sentiment for EURUSD also. EURHKD is also in my firing line at the moment.

Regards,
Tom
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Beautiful, I might join you on the short side.
EURUSD is a buy once it falls but I don't want to ride the drop in that.
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