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wibrahim
Mar 9, 2019 4:13 PM

EURJPY - Outlook Short

Euro Fx/Japanese YenFXCM

Description

Here is a chart breakdown on EURJPY. Expecting the price to retracement first and make a LH - at the point only sell it for a new low. Price has been in a bearish trend on the weekly and last move higher was merely a retracement within a bearish trend, now that sellers have entered into the market as can be seen of weekly, expecting the price to do a little retracement and continue going lower. This is an outlook and not a precise analysis but merely a trading idea. Use this idea along with your analysis and trading strategy to take advantage.
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