EURJPY, Inverse Head and Shoulders
Here's a possible scenario for EURJPY during the next week. Here is the inverse Head and shoulders pattern on the daily chart. If price breaks above 129.5 and manage to close above it, we can expect EURJPY to move 550-600 pips up. If that happens EURUSD would probably rise to 1.20 and would make the head and shoulders pattern on the weekly chart. So the idea could be to long EUR this week and to short it after that for a few next weeks. Let's see...
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