Euro / Japanese YenShort
Potential EURJPY SHORTS!!
Looking to see further downside on EURJPY here if price can hold the Fib Retracement region @ 61.8%.
We have seen price break the trendline and bounce off our Monthly Support Key Level @ 128.000 to form a pullback. There is now opportunity to take a Short Position after we have seen the markets retest the trendline forming some indecisive candlesticks sitting on the Weekly Mid Range Level.
I have 2 Targets for this Set Up:
Target 1: 127.000
Target 2: 126.000
We have seen price break the trendline and bounce off our Monthly Support Key Level @ 128.000 to form a pullback. There is now opportunity to take a Short Position after we have seen the markets retest the trendline forming some indecisive candlesticks sitting on the Weekly Mid Range Level.
I have 2 Targets for this Set Up:
Target 1: 127.000
Target 2: 126.000
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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.