" />

Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)

EURJPY   EURJPY closed @ 13160 which was BELOW the open and breached the previous day's low. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 10 pips from Precise Trader's Sup Zone 5 (U Turn Zone).  The Hourly Oscillators are MIXED and the price is Converging towards the MA, so CAUTIOUS  approach is needed. Hourly Trend is Sideways while 13045 holds and Daily Trend is Sideways Down while 13620 holds, so expect the price to be Choppy and Downside may be


Comments (0 posted):

Post your comment Forex-comment

Please enter the code you see in the image:


  • Forex-send Email to a friend
  •   Add To facebook

Rate this article
0