chestephens1

EURJPY SHORT 116.950 250 PIP move!

Short
OANDA:EURJPY   Euro / Japanese Yen
with the unemployment rates coming out for JPY I believe this pair will DIP down to this 116.950 levels

EURO just saw a upswing with a weak DXY yesterday however I am of strong influence that EJ will sink in favor of yen safe haven.

IF I am wrong I have posted the high of 121.0 which would be hit if EJ flys because of a weak YEN.

YEN> USD

USD was very weak today but with end of May tomorrow I believe a 50-60 pip move is in store for DXY
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.