Empiece
TimStuyts

EURJPY sell towards at least 120

Corto
Euro/Yen japonés (FX:EURJPY)  
TimStuyts  
FX:EURJPY   Euro/Yen japonés
4
10
In my previous post I explained why I expected the new low.

EURJPY; why I expect another new low?

We saw that new low 2016-04-08, however the bullish move after that low wasn't significant enough and I'm therefore still looking for a test of at least 120 (likely 119.70).
Bigger picture this pair is still in a consolidation and once we see my target zone get hit the reversal will most likely be fast and impulsive.

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