Good day to you,
Over the next day or 2, EUR/JPY will be taking off for a substantial, sustained move. 4hr chart. Direction yet unknown.
If correlation plays any part, we may see EU follow if this move is caused by the Euro - or alternatively, we may see Dragon follow - if this move is caused by Yen. USD/JPY may then also come into the picture.
Not to say the move will be one directional either... I know I will be keeping a close eye on EUR/JPY and related currencies.
Regards
Over the next day or 2, EUR/JPY will be taking off for a substantial, sustained move. 4hr chart. Direction yet unknown.
If correlation plays any part, we may see EU follow if this move is caused by the Euro - or alternatively, we may see Dragon follow - if this move is caused by Yen. USD/JPY may then also come into the picture.
Not to say the move will be one directional either... I know I will be keeping a close eye on EUR/JPY and related currencies.
Regards