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PetriKleynhans

Bearish Cypher setting up EURJPY

Short
Euro / Japanese Yen (FX_IDC:EURJPY)  
PetriKleynhans  
FX_IDC:EURJPY   Euro / Japanese Yen
EURJPY
0
1
eurjpy
Hello everyone, this is my first chart, so please give input.

Reasons for trade:
EURJPY in downward trend.
Previous support comes in at C (128.011).

It's still a long way off, but it does provide a nice opportunity to set up a short trade if the Cypher pans out.

Cheers!
Petri
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