EUR JPY options
Interesting situation with this pair as I am predominately looking for longs, but because there was two interventions by the Japanese it makes a taking any JPY crosses difficult to predict, and even if it does set up there is a good chance of getting taken out. So I am not sure weather to look for buys or sells.
However from a technical point of view I would await a break out of either the daily support of 171.479 for the short entry or a break of 173.479. I always wait for a close of at least the 30m candle for confirmation
However from a technical point of view I would await a break out of either the daily support of 171.479 for the short entry or a break of 173.479. I always wait for a close of at least the 30m candle for confirmation
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