EURJPY
This is what I'm expecting on EJ on long term.
Once BoJ will start taking actions against inflation I'm expecting strong yen.
I think that Euro will face a lot of troubles through upcoming winter which can cause more downside for Euro and this is the main reason why I'm expevting strong Yen on long term.
I'm not chasing the top. I will start placing shorts once we will see nice confirmation of trend reversal.
STAY SAFE, DO YOUR OWN ANALYSIS AND RISK ONLY HOW MUCH YOU CAN AFFORD TO LOSE.
Once BoJ will start taking actions against inflation I'm expecting strong yen.
I think that Euro will face a lot of troubles through upcoming winter which can cause more downside for Euro and this is the main reason why I'm expevting strong Yen on long term.
I'm not chasing the top. I will start placing shorts once we will see nice confirmation of trend reversal.
STAY SAFE, DO YOUR OWN ANALYSIS AND RISK ONLY HOW MUCH YOU CAN AFFORD TO LOSE.
Note
Price came up to the zone which I mentioned on october 9th and now somewhere around this area I want to hear some good news for Yen. When I will start hearing good news for Yen I will start acting as "bear" on EURJPY .
Order cancelled
Price broke above POI, we don't have any good news from Japan to stronger the yen so 170.000 is on the radar.
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