Battle of the Central Banks.... EUR got anything?

These two banks are essentially trying to accomplish the same thing, a weaker currency. BOJ laid down their hand last week. Tomorrow, ECBs Draghi gets his chance. He needs to be concerned with the EURJPY rate. The real question is whether he will do anything or not. Technicals show that we are back at a former area of resistance. Could we see a pull back? If we do I see it going to the .382 of the recent move which coincides with structure. Be careful and only trade this if its in your plan. Good risk/reward. Hear our take on this pair and tomorrows ECB here: youtu.be/orDbyjeQFeU


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