January 16, 2019 07:40: EUR/JPY and EUR/USD Strategy [from Tetsu Emori's newsletter]
From the investment newsletter “Tetsu Emori’s Real Trading Strategy” by Tetsu Emori provided by GogoJungle, here is a small excerpt from this morning’s distribution. This time, please take a look at the trading strategies for the Euro/Yen and Euro/Dollar.
The Euro/Yen will remain short. The long-term trend is 128.45 yen. The 2019 bearish scenario range is 113.03–127.23 yen, with year-end at 114.75 yen. The January bearish scenario range is 121.31–127.23 yen.
The Euro/Dollar will remain short. The long-term trend is 1.1620 dollars. The 2019 bearish scenario range is 1.0457–1.1657 dollars, with year-end at 1.0711 dollars. The January bearish scenario range is 1.1049–1.1657 dollars.
“Tetsu Emori’s Real Trading Strategy” (Tetsu Emori)Quotations.
As of 11:00, the Euro/Dollar is trading in the low 1.14s.Whether the decline will continue from hereis something we will be watching closely.(Editorial Department)
Euro/Dollar, 1-hour chart.