Euro / Japanese Yen
Long
Updated

B Down on #EURJPY looks complete

198
The move down on the #EURJPY looks complete and I am looking for a move back above 116.00 over the coming weeks.

A break above the 60 RSI would be a nice sign of strength.
Trade active
RSI has broken above the 50 resistance area but price is now approaching the down trend line. Could see a pullback here soon.

snapshot
Trade active
Wave A of Y looks near completion and should be followed by a B wave down before C of Y.

Looking for RSI divergence on the RSI during the next highs to find a top of A,
Note
snapshot
Note
A up is complete looking for B down toward 113.78 to 114.14.

snapshot

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