JPY crosses/Technical Analysis

EUR/JPY: Testing technical resistance at 101.70

     There is a 38.2% retracement level at 101.70 which is currently being severely tested.

  1. I sold EUR/USD at 2735 with a 2765 SL and 2700/2670 targets as sentiment is still EUR-bearish and it has a good RRR. Heard SNB is selling rallies as they recycle EUR/CHF longs.

Leave a Reply

Your email address will not be published. Required fields are marked *