Been monitoring The EUR/JPY for two weeks. and The original bias was short Once the Descending
Triangle was broken in which you can view on our last EUR/JPY post..
However as a trader we must always have a neutral bias and never get attached to a certain viewpoint, staying on top of
Fx dynamics in order to reach consistency.
135 was a boundary for RES on this pair but it is evident that that marker has been broke, and retested (As SUPP)
Monitoring the A,B,C,D formation now, just awaiting a break of the C.T.L in order to get long..
Targets: 137.40 (200 PIPS)
Once target has been reached, P.A will be evaluated to determine the next move for EUR/JPY...
Triangle was broken in which you can view on our last EUR/JPY post..
However as a trader we must always have a neutral bias and never get attached to a certain viewpoint, staying on top of
Fx dynamics in order to reach consistency.
135 was a boundary for RES on this pair but it is evident that that marker has been broke, and retested (As SUPP)
Monitoring the A,B,C,D formation now, just awaiting a break of the C.T.L in order to get long..
Targets: 137.40 (200 PIPS)
Once target has been reached, P.A will be evaluated to determine the next move for EUR/JPY...
