Commentary
There is more support than resistance here, but the pair is narrowing into a pennant formation (I believe that's what folks call it).
A break to either the upside or downside will see a large and quick pip movement. I'm betting a break to the upside, but we'll see. The EUR has had some weak fundamentals and JPY will be raising rates within the next few months.
Edit here it is
Edit - I believe the upper bollie is causing resistance
There is more support than resistance here, but the pair is narrowing into a pennant formation (I believe that's what folks call it).
A break to either the upside or downside will see a large and quick pip movement. I'm betting a break to the upside, but we'll see. The EUR has had some weak fundamentals and JPY will be raising rates within the next few months.
Edit here it is
Edit - I believe the upper bollie is causing resistance
Watch prior to Nov 4th
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