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Old 04-23-2008, 11:19 AM
4xStar 4xStar is offline
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Join Date: Apr 2008
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Default EUR-JPY -Anyone else see a short setting up?

Last 3 days, cannot get past 165, euro is not showing strength today against the dollar which seems stronger. All 3 jpy pairs going up at the moment but not convincingly. Anyone have input on what the fundies are saying?
It looks like a relatively low risk short, as a close above 165 on the hourly is less than 40 pips away, downside target could be much more than that.

Any comments?
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