EURJPY Intraday Short Trade
Updated
The downside prevails as long as 126.83 is resistance.
Alternative scenario
The upside breakout of 126.83, would call for 127.08 and 127.22.
Idea
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 126.66 and 126.67).
Note: Idea for monitoring purposes
Alternative scenario
The upside breakout of 126.83, would call for 127.08 and 127.22.
Idea
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 126.66 and 126.67).
Note: Idea for monitoring purposes
Comment
Idea worked good but SL was tight.Comment
ClosedComment
Closed
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