Euro / Japanese Yen

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Euro / Japanese Yen forum


EURJPY maybe Asia will retest that 4H FVG and make a final decision, up or down

EURJPY This keeps going up because Japan interest rates are so low still.

EURJPY It's down to the wire now. If this 5m candle closes bearish, we would have formed a fractal high, and essentially a LH. Bears will then bring price down to NY low, which incidentally is now a EQL.

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tradingview.com/x/LjQVuVor
Snapshot



EURJPY Tonnes of liquidity sitting below NY low now, after that CPI move

EURJPY Asian high liquidity swept. By theory we should be heading down now.



EURJPY Do expect some gyrations of price at US CPI release coming up.

Intraday wise, bears are in control at the moment.


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