EURJPY -Double Bottom in Place? Draghi will make or break this!

FX_IDC:EURJPY   Euro / Japanese Yen
22 0
EURJPY Bears tried desperately to resolve the 1+ month range to the downside but look to be failing in their efforts. Temporary break below the 126.87 mid March low looks to be a whipsaw/fakeout BUT Draghi is stepping up to the plate today and can scupper the best laid technical plans. Very short term an inverse H & S pattern has formed with the neckline cited at 127.63. EXPECT VOLATILITY today and stay disciplined and employ strict money management principles!
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out