How To Catch/Understand Impending Forex Reversals | EURJPY Today
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For any Market to reverse its long term trajectory, you need to have a complete change in Market Mood / Sentiment.
This is becoming apparent on the EURJPY and other JPY pairs as prices/mood reverses.
A more hawkish JPY mixed with a more Dovish ECB, as well as other major economies may provide the means for a longer term reversal.
Potential for other measures incorped by the BOJ too.
This is becoming apparent on the EURJPY and other JPY pairs as prices/mood reverses.
A more hawkish JPY mixed with a more Dovish ECB, as well as other major economies may provide the means for a longer term reversal.
Potential for other measures incorped by the BOJ too.
Commentaire
Real push across Yens. JPY strength coming from a potentially more hawkish BOJ. Support level being hit is OK. But any entries would be light.
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