Euro / Japanese YenShort
EUR VS YEN
Euro continues its downtrend against major currencies. During last 3.4 business days the price has formed pattern triangular. Usually (70% cases this patterns works well) the pattern is crossed on fifth touch. Now T2 was crossed down, the perspective of this short term movement is around 50-70 pips. But at the and of this week US Non farm employment data will shake the market. So try to follow this pattern carefully, we will update situation on EUR - JPY.
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