Thoughts on EUR/JPY
This pair has been moving inside a range for a long time as you can see from the chart.
It reaches the upper line for 5th time. However, there are no signs to short this yet.
The current move is pretty strong, so I want to make sure I can see something before I hit it.
Be careful with the long targets since we will be shorting this against the flow.
I will be stalking this zone for a potential short opportunities.
Still waiting to see a confirmation.