It’s interesting that from the currency pairs & crosses that I’m monitoring right now, the yen crosses are the ones with the most interesting market condition, including:
EURJPY, GBPJPY, NZDJPY, AUDJPY
These crosses are trading in a very clear bearish market condition, but that’s not all, the next LT support level is a few hundred pips away on all of them.
But one pair I don’t like right now is the USDJPY, not clear market condition, no consistent support & resistance lvls…
Weird isn’t it?
Be careful tomorrow with the NFP announcement
Trade Safe!
Raul Lopez
Tags: AUDJPY, dollar-yen, EURJPY, euro-yen, GBPJPY, nzdjpy, yen crosses