Market Commentary: EURUSD – EURJPY
Hi, traders happy Friday. Today we take a look at the EURUSD and EURJPY daily charts. We’ve been watching sellers continue to move price lower after buyers set up a two-day counter-rally this week. The interest is on the current move lower and it confirms the high of that rally as a new LH. If selling can continue could this be the start of new medium-term downtrends? That could be confirmed buy holds or fails at the 22/06 lows.
USD news to come;
22:30 pm AEST Core PCE Price Index – Personal Spending – 12:00 am Revised UoM Consumer Sentiment.
Today’s Market Analysis Video