This week is Christmas week and I will be spending it with my family. I always have my mobile with me so I can always have a little check if the forex app I use alerts me. I’m just watching a few [pairs this week and they are both on the yen.
EURJPY – Long
We’ve had a big drop in price on EJ and price is heading towards to demand. I should point out that price has seen a little rejection from within a weekly momo candle so that could prevent price from falling down into the demand we’ve been watching.
GBPJPY – Long
GJ is also on the way down but unlike EJ it’s not hitting a green weekly momo. There’s still room for price to fall so we’ll see what happens.
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