After the market has dropped straight down for three days, they have just stop hunted to the low showing a potential rise for the day with a W on the m2 pivot point. Intraday trade we looking at taking profit, towards the 1.09936 level.
EURJPY is showing the same behaviour as EURCHF, we see a bullish movement with a beautiful W formed at the bottom and right on top of the m2 pivot, its first leg categorized by morning star. We looking at taking profit just above yesterday's high.
