FX_IDC:EURJPY   Euro / Japanese Yen
16 0 3
ON THE MONTHLY CHART WE NOTICE THAT ITS IN AN OVER DOWNTREND , ON THE WEEKLY CHART WE NOTICE THAT THE MARKET HAS BEEN CHANNELING BETWEEN THE MONTH RESISTANCE AND THE WEEKLY SUPPORT DATING BACK TO NOV OF 2016. ON THE DAILY WE NOTICE THE AFTERMATH OF THE FRENCH ELECTIONS AND NOTIVE THE EMAS ARE CROSSING. SINCE THE 12 EMA IS CROSSING THE 36 IT INDICATES A STRONG BULLISH MOVEMENT. DREW A TREND LINE HERE. ON THE FOUR HOUR WE NOTICE THE MARKET IS CREATING HIGHER HIGHS AND HAS THE MAKING OF A STRONG BULLISH MOVEMENT. CREATED A DOJI OFF THE .236 WHICH WHEN THE MARKET OPENS COULD SHOT UPWARDS.
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