View full page at forexfactory.com

 

Ways to Trade the EURJPY Daily Chart Triangle

From fxhq.com

The EURJPY is a commonly traded pair, favored by many swing traders due to it’s big movements. As September begins the pair is at a tricky location…whether you are bullish or bearish you have a good chance of being right. Let’s look a few ways to trade it, right now, and in the near future. The daily chart of the EURJPY shows the price bouncing aggressively out of a prior downtrend though April and May, then moving more laterally (triangle) between June and August. There are a few things to note: Based on the April and May rally the medium-term trend is currently up on the daily chart, with June through August ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News