Hey Guys!
The current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 124.38 before reaching 145.63.
However, like I've been mentioning over the last couple months, the EurJpy has overarching long strength, thus I am waiting for
the weekly bias to revert back to long so I can take a long entry. As of today, there is a possibility that the weekly bias may go
back to long.
In this post I explain the reasoning behind the long entry and the possible confirmation of the weekly bias reverting back to long for the long entry.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
The current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 124.38 before reaching 145.63.
However, like I've been mentioning over the last couple months, the EurJpy has overarching long strength, thus I am waiting for
the weekly bias to revert back to long so I can take a long entry. As of today, there is a possibility that the weekly bias may go
back to long.
In this post I explain the reasoning behind the long entry and the possible confirmation of the weekly bias reverting back to long for the long entry.
That's it! I'll keep you guys updated!
Ken
Disclaimer: This is not Personal Financial Advice.
Forex Trader/Forex Trading Education/Weekly Forex Forecasts and Midweek Forex Analysis