EUR.JPY False break
False break, looking to get long with take profit at short term resistance, then looking for bearish move down before getting long again
Note
Based on what I see in the daily charts, we are in the beginning of a change of trend in the yen, there have been false breaks followed by counter-trend impulsive, volatile corrective structure developing, it might take a few more weeks/months but I am expecting the end of the yen monster. Ditto for dollar
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.