Euro / Japanese YenShort
EURJPY simple price action trading plan
The EURJPY looks to be heading towards our well defined role reversal level at around 148.165, this level also coincides with the 50% measurement of the overall down move. Therefore, we're looking for some candlestick reversal confirmation at our level, after which we'd be short the market, aiming to get back to recent swing lows around the 146.800 handle.
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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.