A shift in momentum for EURUSD and the yen crosses this past week is an alluring sign for a long-awaited trend reversal. However, the fundamental developments behind this move and the event risk ahead suggest that this tentative turn can prove a short-term pullback far more readily than a committed trend change. In the weekend video, we discuss the Euro's weak bearish pressure and the necessary catalysts for a long-term USDJPY reversal among other topics.
New to FX? Watch this Video
Sign up for John’s email distribution list, here.
