USDJPY:
In the last trading hours we had two tests @ 61.8% retracement and two targeting the support around 110.10/20.
The price is still following its down trend and we expect to see a new test targeting the support around 109.55 in the Asian session.
The two EMA (5 and 15) are almost crossing the EMA(62) indicator. Keep an eye on that, it might suggest a new short position.
The sugested trades for the next 24 hours are:
Short: entry @109.90/05 , exit @109.65, stop loss @110.25
Turn back for Long @ 109.65, targeting an exit @ 110.05 , stop loss @109.35.
EURUSD:
Expected test at the 1.220 resistance in the next few hours followed by a MACD sell signal below 0.
Sugested trade for the next 24 hours:
Short: entry @1.2190, exit @1.2160, stop loss @1.2220.
