The recent moves of EURJPY on the weekly chart shows that it is on a downtrend, creating lower highs and lower lows. If this downtrend continues, it may find an intermediate support zone that is very near to 2009 lows. Looking at near term, on a H4
Read more →In previous postings, we discussed the elements of a good signal. This week we see such a combination unfold before us in the EURYEN. Lets recall. A good signal has the following: 1. Resistance level provides a ‘hard’ place for price to reverse 2. A chart pattern
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