Wednesday Market Analysis: EUR/USD & EUR/JPY

Hello Traders,

let’s hit them charts

1. EUR/USD

EUR/USD has finally broken a key resistance zone and the 200 ma

The only stopping me from going rogue on this pair is the crazy news on USD lined up for tomorrow.

That said, if I do get a slight pullback into my kill zone, I will join the buyers and exit before news

2. EUR/JPY

Another decent breakout can be spotted on the EUR/JPY

I will like to see a decent pullback before engaging buying this pair

And yes… If I get to buy EUR/JPY, I will be exiting EUR/JPY before Wednesday’s CPI news

What say you?

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