We look to repeat the same as last year when we caught thousands of pips on these simple moves over the course of several months. Picture tells the story of what we expect to happen based on previous moves past years.
Picture tells the story. As we look for long term sell on jpn225 we will look for opportunities to sell gbpjpy as well. 140/141 is our next target then we look to see if we can get a bounce of one last touch to the 155/156 area to sell off.
We expect eurusd to reach 1.20-1.23 next few months. 1.145 will act as major support and we dont expect to break. Continue longing on dips of the euro.