Correction to yesterdays post

Chart courtesy of Advanced Get. Data provided by Esignal.

Yesterday I mentioned the EURJPY could see a higher movement if a break above 160 was to occur. Actually, that is incorrect. A break above 162.50 which is the previous high of 1998 could see a furtjer move upwards. This will be the resistance although 160 is the figure.

I hope all of you who follow this site have made a nice profit on this cross. I am also short on the EURSEK cross.

All the best.