After failing to break above the grey resistance zone we now find ourselves back at the 28.10-27.54 support zone. A break below here will indicate further decline in the market with 25.13-23.61 zone being reached. Shorting below $28.10- $27.54 zone
On the EUR. JPY Daily chart we have a potential short opportunity at the D leg completion of a Cypher Pattern The price reversal zone on this pair is large as we are looking at a daily chart. PRZ - 134.622 & 136.672 The PRZ zone is only a guideline of where we will be paying attention for trade setups and opportunity's. Potential targets for the daily Cypher...