Possible EURJPY weakness on the heals of ECB
With possibility of further easing from the ECB and the BOJ staying put, we might see more EURJPY weakness in 2016. The current target is our first target with more possible weakness if it breaks the 130.00 area support.
Note
Our Target is hit and some. A nice 1:3 risk reward trade and more if you let it run.
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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.