EUR and JPY plans Aug 22

EUR

All TFs down from daily

Below NFP AVWAP

Now at 4H level

Scenarios:

  • If 4H level breaks, wait for a pullback rally to sell
  • If 4H level holds, wait for a pullback dip to buy

USDJPY

All TFs up from weekly

Scenario:

  • Straight up rally from 4H level, to buy dip
  • If 4H level fails, wait for a pullback rally to sell