It amazes me how we can play around in 30-50 pip ranges on EURJPY and then we can run 150 pips down from late us to middle of asia. It appears all major players have closed their orders and no one is supporting the euro. Comments would be appreciated. Did the FOMC Statement scare everyone away? I don’t understand. The euro should be strengthening, and should be putting up a better fight against the yen. Economic data is looking good out of eurozone. Help me understand!
eur/jpy where is my support
Source: www.forexlive.com
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