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Wednesday, May 6, 2020

Massive Reversal Pattern on the EURJPY Daily Chart


Vantage Point Trading https://ift.tt/2L7TXax

Euro pairs have been on a race to the bottom ever since the German constitutional court ruled that some of the ECB asset purchases are not “legal”. Only last Friday, the EURUSD traded above 1.10, only to move below 1.08 today. The EURJPY cross followed suit, dropping like a rock from 117.70 on Friday to 114.80 today. In the midst of this rise in volatility, there are signs that it may have just completed a…

The post Massive Reversal Pattern on the EURJPY Daily Chart appeared first on Vantage Point Trading.

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