Expecting some upward pressure between 1.2860-1.2883 then a strong sell off.
In associated pairs:
EURUSD is not slowing or showing a reversal yet.
USDJPY price has slowed and clearly reversed showing Yen strength against the dollar from the June 28th.
The movement of these two pairs could help to restrict the EURJPY climb up before the short fall. Further aggressive strength in the EURUSD will whipsaw the trade.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. This is not investment advice. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
In associated pairs:
EURUSD is not slowing or showing a reversal yet.
USDJPY price has slowed and clearly reversed showing Yen strength against the dollar from the June 28th.
The movement of these two pairs could help to restrict the EURJPY climb up before the short fall. Further aggressive strength in the EURUSD will whipsaw the trade.
DISCLAIMER:
This is where I practice ideas and work on my trading techniques. This is not investment advice. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Trade active:
128.85
