Eur/jpy

[Peter]

hello

I wonder why everyone is suggesting to go long with this pair when I'm seeing a reversal pattern.
Any idea? Or perhaps it is just me ?

[vizfact]

I wouldn't go long just yet. Its kinda mixed in my models, favoring downside.

I am personally looking for a test of 111.60, however, I do not fall in love with any ideas. I personally do not think the sell off is over.

I also think we will see a .9000 eur/usd before the fallage is over. But do not be a rookie, new uptrends could kick in prior to this happening. And try to stay away from trading peoples ideas.