The USDJPY has broke above the EMA again on the 4 hourly chart and with this upmove, the old resistance has now turned into a new support
If you see the price crossing down the 3 EMA again this week on the 4 hourly chart, it is a good sign that the price is going to move sideway on the lower time frame like the 15 minutes chart and therefore you can start to trade the range and stop trading the trend.
For the EURUSD, it is back to the strong down trend and therefore you can look to enter a SELL trade when your strategy tells you to do so
For those of you who are in my trade copier, you will see 99 pips profits from the 3 EURUSD trades done yesterday.
The first 3 trades you see are the one I have posted in the earlier post.
The rest are done yesterday and today.
If you are interested in joining my trade copier service, you can take a look at it via the link below
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