EUR/JPY – Yesterday’s ECB decision of not changing the interest rates weakened the Euro. On H4 graph we can notice that in a slightly wider horizon the pair moves in a consolidation and moving between support and resistance. Currently the impetus of the downturn suggests that after a slight correction the price should continue to go south, precisely to the level of legible support. So consider the PUT option.

CHF/JPY – Swiss franc has been recently in group of weakest currencies. The H4 graph shows downward trend that has recently broken the level of a important low. A small correction has now reached this level. It seems that there will be a supply reaction and continuation of declines. In this context, consider PUT option.


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