For the past 2 weeks EURJPY have been selling which have completed the theory of Charles Dow, on that note we are still going to have a bearish outlook. On a Daily bias, I discovered that the trend that occurred on Tuesday was just a failure swing, Wednesday swing went further to take out the previous high as a liquidity, and gave a BMS from Tuesday's low @156.486.
Looking at the current swing in this period, a previous low has been broken which has given us the opportunity to look out for a sell. @155.365, we are anticipating a pullback to sell till New-York close
Looking at the current swing in this period, a previous low has been broken which has given us the opportunity to look out for a sell. @155.365, we are anticipating a pullback to sell till New-York close