Still Short EURJPY at 136.30, Just zooming in on the chart a bit to give a better idea of what we are seeing.
EJ is back below the 136.31 Fibbo resistance as well as below the downward trend line which sits ust above that fibbo lvl.
We saw it test both of these levels briefly and is now back below suggesting that the top is in place for now.
The support comes at 135.50 is lvl (upward trend line of the triangle, and if we break that, we can see a move to 135 and possibly even to 134.
EJ is back below the 136.31 Fibbo resistance as well as below the downward trend line which sits ust above that fibbo lvl.
We saw it test both of these levels briefly and is now back below suggesting that the top is in place for now.
The support comes at 135.50 is lvl (upward trend line of the triangle, and if we break that, we can see a move to 135 and possibly even to 134.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.