The EUR/JPY has been range-bound for over 8 months now. As you can see on the weekly chart below, the downtrend has been broken and we got a V-shaped reversal. We are now quoted at 118.73, this is the same price as back in June for example.
The situation doesn't look any better on the daily charts as well. Here we can see that the Trump rally from November is slowly being retraced away. Here we got an upside down V-shaped reversal.
In short, while volatility is high prices are not moving much on…
The situation doesn't look any better on the daily charts as well. Here we can see that the Trump rally from November is slowly being retraced away. Here we got an upside down V-shaped reversal.
In short, while volatility is high prices are not moving much on…