FX:EURJPY   Euro / Japanese Yen
Hey Guys!

The current weekly bias on the Eur/Jpy is short. Or in other words, price is likely to reach 124.38 before reaching 145.63.

However, like I've been mentioning over the last couple months, the EurJpy has overarching long strength, thus I am waiting for

the weekly bias to revert back to long so I can take a long entry.

In this post I explain the reasoning behind the long entry as well as what I'll be looking for, for the long entry.

That's it! I'll keep you guys updated!

Ken

Forex Trader/Forex Trading Education/Weekly Forex Forecasts and Midweek Forex Analysis
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