xtrader1

EURJPY BUY Setup: AB = CD

Long
FX:EURJPY   Euro / Japanese Yen
EURJPY is in downwards consolidation of 2 months now.
We see EUR picking up strength while JPY is starting to weaken in sympathy with the USD.
So we are looking for a symmetrical move up to the next quarter-handle (135.00, with a little overshoot of 20 pips)
In short: AB = CD

Sultan of Swing
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.