Forex blog – JPY forex fan

A forex blog about making pips in any currency pair

Welcome to my forex blog. I am a great believer in luck and I find that the harder and smarter I work the luckier I get. :-)
June 26th, 2010

Trade #38: Patience needed

jpyforexfan

We’ve got two really nice dojis formed on the EURJPY daily chart. The wicks are quite long, and in the direction of the (preceding) trend, so if my reasoning is right, we will see a good upward move next week.
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Also, EUR/USD supports my view:

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