Euro / Japanese Yen
Short

EURJPY SHORTS PREDICTION/IDEA

96
EURJPY broke out of the Ascending channel In the T 1H after forming Head and shoulders. now we will wait for price to test resistance area and be rejected and fall back to next support area ONLY THEN WOULD WE ENTER SHORTS. We are anticipating JPY strength over the week so hopefully this could be good. But however we have EUR AND JPY news coming in on TUESDAY MAY 25TH and things can turn nasty pretty quick.TRADE WITH CAUTION.

TP1 . 132.420
TP2 132.100

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