Euro 61.8% Retracement Holds Strong – Euro is Vulnerable The EURUSD may have finally topped as the 61.8% has acted as a strong impediment to gains over the last few days. There is little doubt in my mind that this advance from 12873 is countertrend and will be entirely retraced in an extremely sharp manner. Read more on Daily FX USDJPY: Indecision Persists Above 82.00 USDJPY remains wedged between a falling trend line set from December’s swing high and horizontal support at the 82.00 figure. Our overall bias has favored the bullish scenario since prices broke out of a falling channel established in early 2010 , but current positioning doesn’t offer an actionable trade signal…. Click Here to Read More