EURJPY itching to resume bull trend
Updates coming here after the Jackson week
- Bearish JPY and looking to play versus EUR. Actively adding here as the l/term uptrend is set to resume, we can look to target fresh highs here at 134.1x and continue to expect JPY to underperform in Q3 and Q4.
- Indeed the break is signalling in advance that the direction is still up. Price action above 129 is proving interesting, the break of 'B' will define whether there is a chance of another pullback or the move is direct and imply the base has materialised.
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