AlfonsoMoreno

Forex EURJPY weekly supply imbalance

Short
FX:EURJPY   Euro / Japanese Yen
Forex cross pair EURJPY is dropping on the weekly and creating new supply levels at 134.9 for potential shorts. It is quite a wide zone and they are usually penetrated deeper so expect a reaction but deeper into the level. In a downtrend supply imbalances are respected and demand zones and levels are removed. Short bias on EURJPY.



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