2020-10-01

EUR vs USD & EUR vs JPY



IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
NOTICE YHE POSITIVE CORRELATION BETWEEN EUR/USD AND EUR/JPY, THE TWO PAIRS ARE IN PULLBACK ON THE BROKEN HEAD AND SHOULDERS
BUT WE CAN SEE ON CHART 2  EUR/JPY THAT THE REBOUND OF  MAY LOWS WAS A  CORRECTION TO UPSIDE SO FAR ( UP,DOWN,UP) AND THE LAST DECLINE OVERLAP  THE FIRST MOVE UP SO, BELOW 119.29 CONFIRMS THIS POSSIBILITY
BACK TO CHART 1 , BREAK ABOVE 1.1918 CONFIRMS CORRECTION  IS OVER AND LOOKING FOR ANOTHER PUSH HIGHER TO COMPLETE THE 5 WAVES UP SEQUENCE, IF NOT,EURO MAYBE GET INTO, A DEEP CORRECTION