USDJPY cross is at the end its rebound from last week low at 107.30. Today as long as price will be below 111 is much better to open new short positions with 109.50 in extension. A daily close below 109.50 will open to more downside ahead. Bearish trend will expire only on a daily close above 111, in that case rebound will continue with 112.20 as a target before...
This week as long as the EURUSD price will be above 1.20 trend still bullish . Stay long or open new long positions above 1.20 with 1.2125 and 1.2220 as targets before falling again. Buy the deeps will be the better strategy for EURUSD trading at the moment. On the weekly and daily charts the price of the cross still above all moving averages so that bullish trend...