claydoctor

USDJPY, EURJPY tandem, ERUUSD parting ways again

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FX:EURJPY   歐元 / 日圓
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This has been a reliable set up, when EURJPY AND USDJPY are together, with EURUSD in another direction. The 2 pairs are heading down in after hours, and EURUSD up, which for me, has been a US equities market down day to follow. let's see if this trend keeps up, continues for a bit. This trend would support previous posts, where IWM HS will continue down to neckline, or beyond. Watching DOW and SPY to see if they follow suite, for a full fledge purging correction, down to valuations that make sense, then a bounce, setting in a new base which is where we should be.
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