EUR/JPY 0.11% i am starting to enter short positions after yesterdays engulfing daily closure of last 8 days action.
See from image that the trend lines are indicating bearish momentum.
After ECB Dovish meeting yesterday we are looking at heading towards the 124.00 mark.
JXY -0.25% is also due a bounce higher off its daily bullish channel .
I will update as we go...
See from image that the trend lines are indicating bearish momentum.
After ECB Dovish meeting yesterday we are looking at heading towards the 124.00 mark.
JXY -0.25% is also due a bounce higher off its daily bullish channel .
I will update as we go...
Note
we have had a 170 PIP short this morning, be sure to book some profits and bring SL to break even for other lots
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.