I noticed a scenario, according to which both pairs need to deliver a move in favor of USD approximately 150 pips before a larger reversal.
I tried to show it on the chart.
USDJPY may deliver an ending diagonal (but in this scenario It is wave C of a flat structure). Target is around 110.
Flat be a case also for EURUSD, but it has already been completed, and we are observing a final impulse down (where price is currently in wave 4), with the target around 1,09
These would be, I hope, nice trades with a potential of 1000 pips.
Good luck and have a nice weekend!
I tried to show it on the chart.
USDJPY may deliver an ending diagonal (but in this scenario It is wave C of a flat structure). Target is around 110.
Flat be a case also for EURUSD, but it has already been completed, and we are observing a final impulse down (where price is currently in wave 4), with the target around 1,09
These would be, I hope, nice trades with a potential of 1000 pips.
Good luck and have a nice weekend!