FortunaInvestments

Yen season is coming or not?

Short
FX:EURJPY   Euro / Japanese Yen
Hello Traders

We believe that JPY will show us a large move in next few days.
First yen(JPY) has a significant economical fundamental data in upcoming week.
Second BOJ has mentioned their concerns about Yen value , and probably they will take an action in market.
Third EUR/JPY, GBP/JPY and USD/JPY are showing similar technical patterns indicating another drop or possible higher low.

Our technical view has been shown in the chart.

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Thanks For Reading
Team Fortuna
-RC

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