Euro / Japanese Yen
Short

Euro/JPY meeting resistance on two fronts

170
Here we have euro retesting last sellers zone where the whole rally down started, on top of that its hitting trendline resistance.. I dont know if euro will continue being bullish, but I am speculating that if it wants to continue going up it will atleast give me a pullback to the 128.50 area to recharge hence why I am opening this short here, with a semi tight stop loss.

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.