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EURJPY didnt show any progress moving down along with other EUR and JPY pairs. Therefore, we will see longer consolidation or movement to north to high of the month.
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EURJPY
EURJPY has large scale resistance above and minor, fresh one support bellow. I've bet that large one will hold for a while and lower will be broken.
EURJPY
So today EURJPY has reached technical levels. Now its important if it will hit 132.43. If not then target is 129.50 and again long.
EURJPY
EURJPY most likely will reach levels 132.17 and 129.37, however on these levels I will look after for longs (if 129.37) and shorts (if 132.17).
EURJPY
I am kindly waiting EURJPY comming back to low of the month, where I am planing to load long positions.
EURJPY
11th Week will be looking to buy EURJPY pair, considering that main move of the month is UP. entries will be based in ID, IW or if price will allow on IM basis.
3rd Week EURJPY
Sames as GBPJPY, I am waiting sell order execution at 136.35 level with stop loss above month high. Considering that Main Move of the Month is down, many positioning is down, as well there is Trendline with 4 touch ( last was 2nd week lowest price) therefore targets are below this level-breakout.
2 week target
EURJPY is next target. Entry limit is clear and stop loss is bellow low of the month which is around 20points.