Euro / Japanese Yen
Short
Updated

EUR/JPY: Selling NOW the retest. But why ?

268
Hi guys,

I am selling the pair for, hopefully, a quick trade. The reasons behind are the following:

Price :

- broke a support
- is below all EMA
- is below the pivot

With sellers who seem to be in control and JPY being very strong at the moment against most currencies, I am targeting the immediate support @ 122.850, for a nearly 30-pip trade.

Trade at your own risk
Note
My target is around 122.830-122.850
Note
Adding more to my shorts

snapshot
Trade closed: stop reached

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