EUR and JPY plans Aug 14

EUR

Daily lower high

4H sideways, arguably up

1H turning down, to be confirmed when alerted

Scenarios:

  • Now shorting against weekly level 1.169

USDJPY

Daily turned down

4H down

Scenario:

  • Continue to look for a rally to sell, unless 1H and 15 min change to strong trend up and reclaim 148 daily level