FX:EURJPY Euro Fx/Japanese Yen
Possible 3 drives pattern
Actually at the moment EurJpy bulls doesnt look doing much, I was hesitant to trade it but when I saw h1 AB=CD is overlapping with h4 AB=CD at same price level I though of entering & managing the risk.... There were several other supports also at that price handle (refer my analysis for details on that).... however JPY looks not willing to lose the ground as of now.... But I m not willing to long JPY. Will take loss & sit back for re-adjusting my analysis if it decides to move down.