Euro / Japanese YenShort
Under Pressure
Notes:
Stochastics & RSI are turning over back to the downside.
MACD is going to cross over again back to the downside.
AO is hinting for a downside.
Heikin-Ashi Candlesticks are hinting bearish pressure (weakness & rounded-topping).
26-Period EMA (dark maroon color) acts as strong resistance & supportive.
Suggestive SL & TP level in chart. (Targets 112.000 level.)
Best regards.
Stochastics & RSI are turning over back to the downside.
MACD is going to cross over again back to the downside.
AO is hinting for a downside.
Heikin-Ashi Candlesticks are hinting bearish pressure (weakness & rounded-topping).
26-Period EMA (dark maroon color) acts as strong resistance & supportive.
Suggestive SL & TP level in chart. (Targets 112.000 level.)
Best regards.
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