Inside the Currency Market: EUR/USD, EUR/JPY

EUR/USD

EUR/USD below must break 1.1040 exactly, then 1.1010, 1.1007, 1.1002, 1.0976, 1.0901. Above breaks 1.1056, 1.1114, 1.1123, 1.1147 then 1.1161. The big break is 1.1147, shorts below, breaks needed at 1.1040.

Continue short.

EUR/JPY. Here’s points real quiuck. 136.98, 136.64, 136.42, 136.29, Then 135.56, 135.38. Big break for shorts below 135.87. That break gets to lower 135’s and 134’s. Same as well continue short.

Brian Twomey, Inside the Currency Market, btwomey.com

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