EURJPY, 14/08/15 | Market’s Overview

Market’s Overview :

EURJPY :pair copies EURUSD. A downward move has started and it is going to be deep. On H1 Time-Frame, WAIT for a Bearish KUMO Breakout validated by Chikou Span which must go below past price action and below past KUMO and that will happen around 137.80 price level. You must also see Kijun Sen and Tenkan Sen going DOWN. Unless the KUMO Breakout happens within the next 3 hours, I suggest you position yourself on Monday.

Leave a Reply

Your email address will not be published.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