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EJ WEEKLY OUTLOOK: SHORT

FX:EURJPY   Euro / Japanese Yen
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4
FUNDAMENTALS

EURO NEGATIVE: -rate cuts- quantitative easing - bad data - Brexit - trade war e/u- global slowdown.

EURO POSITIVE: +hawkish view +brexit resolutions +weak JPY +trade relief e/u


TECHNICAL ANALYSIS:

WEEKLY:
Weekly s/r 127,122, 117
Price in sellers area, bearish trend

DAILY:
corrective structure phase - however where price is at anticipating an impulsive phase due to fundamental - confirmed validation at the time.
This bullishness is based on brexit & hope.

Be patient & wait for the set ups because they will pay.

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