#EURJPY
- EURJPY currently has an UPSIDE BIAS. With JPY WEAKNESS, XXXJPY CURRENCIES are being BUYED very fast right now. MARKET RISK is still being OFF. VIX IS DOWN, XXXJPY CURRENCIES BUY VERY FAST WITH JPY WEAKNESS. Maybe the EURJPY 147.69 LEVEL can be reached and BUY higher.. 147.69 is a very good resistance level..
- Some NEWS coming for the USD will help to weaken or strengthen the EURO. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK. EURJPY can sell at 140.110 level before BUY.
- EURJPY currently has an UPSIDE BIAS. With JPY WEAKNESS, XXXJPY CURRENCIES are being BUYED very fast right now. MARKET RISK is still being OFF. VIX IS DOWN, XXXJPY CURRENCIES BUY VERY FAST WITH JPY WEAKNESS. Maybe the EURJPY 147.69 LEVEL can be reached and BUY higher.. 147.69 is a very good resistance level..
- Some NEWS coming for the USD will help to weaken or strengthen the EURO. But in the future, if the RATE HIKE SENTIMENT is PRICED by the ECB, EURO may be BUY more. For that, the support of EURO STOCKS and VIX must be received. We have no more confirmation that the EURO is likely to be WEAK. EURJPY can sell at 140.110 level before BUY.