$EURJPY - RSI Divergence + RSI Trend Break Short

Euro Fx/Japanese YenFXCM

Description

⋅ Aug 1, 2015 4:13 AM

Fundamentally euro will stay weak for the medium term. - QE
Yen has been beaten down a lot . To the point BOJ is showing signs of worrying of over deprecation

Any global risk off rally will strengthen Yen.

Technicals on the chart

EURJPY