While
EUR/USD is having its little correction on its way down to 1.2200 USD/JPY
continues climbing after forming a hammer candlestick on the daily filter
chart. I believe the current target is 1.1680, although I doubt it will stop
there. Either way, despite the significant move to the upside I think it is not
too late to keep buying, in case one has done so already or even start doing it
now. As I have mentioned before, I prefer to trade trend, rather than range,
and this is an excellent opportunity to do just that.
117.50 seems a end of month target for usd/jpy.
ReplyDeleteUsd/Jpy continue to exceed expectations.
ReplyDeleteIt´s true the trend is strong. Very Good analysis.
ReplyDeleteWell spotted! I'll keep it in mind.
ReplyDeleteWell done, keep it going.
ReplyDeleteInteresting Article. Thanks.
ReplyDelete