Good day traders, we like to present you with our view on EURJPY. The pair made a BMS in the Asian zone and therefore open the outlook for a buy on pullback
UPDATE: USDJPY fail to trigger and GBPCAD hit a 500pips profit as posted yesterday in our AM review.
Meanwhile , the Covid-19 is still taking a toll on the global economy and fuelling the volatility in the market. Banks are taking measures to abate the severe effect on the economy by cutting down on interest rate. Australia has a 0.25 BP cut on rate in the Asian market, yet investors went bear on the report despite an improvement on the job data.
Stay tuned with us on more reports on the market as the market unfoid.
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