I am thinking about selling EURJPY for today. There is a gap on my Instaforex platform and I guess this gap should be closed. It’s almost closed now as you can see on the chart picture below.
This pair has been ranging since last few days and honestly, it is quite boring for me a daily trader. Same goes to GBPUSD and EURUSD. All pairs are moving in tight range, perhaps we will make profit when it is breakout. Hope so lah.
I do hope EURJPY will be bearish. I means, stronger Yen against Euro.