The EURJPY probably has the clearest market condition of them all:
The EURJPY was clearly rejected from an important LT resistance level around 125.13, it is trading below every important level in the short term charts, so everything is in line pointing to the same direction: short the EURJPY.
I will be looking for short opportunities in the Euro-yen.
I’ve been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .