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Wednesday, January 27, 2016

EUR JPY bullish for retrace move (Market is silent waiting for FOMC news tonight)

1. EUR JPY

Weekly -  Bullish Engulfing

Daily - Rejection at previous support level  with pin Bar - consolidation. . 

I am expecting it to continue bullish till the next resistance level shown in below diagram 

Please let me know your opinion ? 

2. Market is waiting for FED, FOMC news - so be extra careful for today's trading. The news is scheduled at today night 00.30am




Have a Great Wonderful day Ahead !!

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Thank you!!
Regards,
Avinash Sawant
+91 9975415566