Hi,
This is my first post on this website.
I have a question regarding the lesson:
BabyPips.com > School > High School > Currency Crosses > How Cross Currency Pairs Affect Dollar Pairs
It says that you will have a stronger move in USD/JPY because the JPY will weaken.
But I think the same can be said for EUR/USD right?
Its not clear to me why you would have a stronger move in USD/JPY.
Or is the reason that they state that a major resistance has been broken in USD/JPY?
So its just a case of people jumping in because of tech analysis. (Same could be true if a major resistance of EUR/USD has been broken (but then the other way around))
Thanks in advance,
Kenneth