Yes looking quite interesting now for a potential reversal
pattern in the green box, and off the upper channel line
rgds - arco
It started down, got a bit of a kick back up on friday stretching my expectations of its rate of descent when upset with the US employment data. Will EUR/JPY continue on its steady down this week? How far? How fast?
It started down, got a bit of a kick back up on friday stretching my expectations of its rate of descent when upset with the US employment data. Will EUR/JPY continue on its steady down this week? How far? How fast?
Bilo
IMO its always wise to expect large wave gyrations in crosses like Eur.Jpy.
What we are seeing here now is a retracement of the previous move. Check out my recent post on Gbp.Nzd thread and you will see one of the many ways of dealing with this potential move/setup.
IMO its always wise to expect large wave gyrations in crosses like Eur.Jpy.
What we are seeing here now is a retracement of the previous move. Check out my recent post on Gbp.Nzd thread and you will see one of the many ways of dealing with this potential move/setup.
rgds - arco
Thanks for the reply Arco. i had a bit of trouble finding a thread and then uncertain of what I found. NZD.GBP. A Xerof post. Does this suggest that you either let it run or sell at the new established point? it raised the question of how high is it likely to retrace to?
Bookmarks