EUR and JPY plans Sep 6

EUR

Which time frames are rangebound? Weekly, daily and 4H
Which time frames are trending? Monthly and 1H

Scenarios:

  • If 1H turns up and breaks out, 4H range may be broken
  • If 1H consolidates and turns down, keep current position

USDJPY

Monthly H&S

Which time frames are rangebound? All
Which time frames are trending?

Scenario:

  • Highly depends on next direction of 1H