EURJPY is in downwards consolidation of 2 months now.
We see EUR picking up strength while JPY is starting to weaken in sympathy with the USD.
So we are looking for a symmetrical move up to the next quarter-handle (135.00, with a little overshoot of 20 pips)
In short: AB = CD
We see EUR picking up strength while JPY is starting to weaken in sympathy with the USD.
So we are looking for a symmetrical move up to the next quarter-handle (135.00, with a little overshoot of 20 pips)
In short: AB = CD
Sultan of Swing