chestephens1

EURJPY SHORT 116.950 250 PIP move!

Short
OANDA:EURJPY   Euro / Japanese Yen
with the unemployment rates coming out for JPY I believe this pair will DIP down to this 116.950 levels

EURO just saw a upswing with a weak DXY yesterday however I am of strong influence that EJ will sink in favor of yen safe haven.

IF I am wrong I have posted the high of 121.0 which would be hit if EJ flys because of a weak YEN.

YEN> USD

USD was very weak today but with end of May tomorrow I believe a 50-60 pip move is in store for DXY