Euro / Japanese Yen
Short

EURJPY "Daily" chart trend broken and confirmed

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EURJPY broke its long term trend a couple times here. First the purple trend line, year, was broken 5-8-2014,the shorter term daily broken 5-16-2014, and held resistance on 6-5-2014, and we broke the triangle patterns (double) 5-28 and 6-10-2014 to confirm. Bollinger suggests it continues along the lower band until further notice, and we will watch closely with all this Middle Eastern volatility what that does to the oil trade and market, and how that effects stocks.

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