IEURJPY 30-minute chart – risk turns up
Simple algebra: EURUSD X USDJPY = EURJPY (Hint: One reason for the EURUSD bounce from 1.08)
Chart:
Two red lines drawn off the bottom showed a shift in directional risk to up
So far, pause just below 163.39
Recent and key resistance is at 163.72
Go to shorter time frames for intra-day supports