Euro vs Japanese Yen D1 Live Forex Chart

EURJPY,D1 Chart By chest2tank

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chest2tank
chest2tank Dec 03, 2014 at 17:48
USD, Yen, and Oil are driving the market right now, and with the ECB decision coming up, I'm out of a directional trade with this pair right now.
chest2tank
chest2tank Nov 14, 2014 at 16:17
There is a short shaping up, but I remain bullish. If momentum carries through this breakout over the weekend (I expect a gap up), then I'm looking towards the 148 level. However, if this breakout comes with lower momentum, then it will fail and the pair may fall back to high 130's to consolodate further. The latter would be better for long term bulls - I doubt that buyers at this level are very strong (like me).