Eur/Jpy trade is over-shooting and in an overbought area. If the price shoots up and test the previous resistance I would enter a short position.
Historical Chart of Short/Long positions.
fxtrade.oanda.co.uk/analysis/historical-positions
Historical Chart of Short/Long positions.
fxtrade.oanda.co.uk/analysis/historical-positions
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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.