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What are the odds of a EURJPY ‘mover and shaker’ this week?

There is certainly a technical resistance there. We need just a price-turning event. With BOJ monetary policy announced tomorrow and ECB this Thursday, there are two chances for a ‘mover and shaker’ to come out with a high impact, gut wrenching, price turning story.

EURJPY monthly chart Aug 2006 - present

EURJPY monthly chart Aug 2006 – present

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Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’. Operates multiple strategies.

“Dear reader, I do not have a financial license to give advice. I do not know you the reader. Your financial objective and risk tolerance may be different from mine. I am not responsible for any consequence of your action.

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