charts247

SHORT EURJPY | REVERSAL

Short
FX:EURJPY   Euro / Japanese Yen
0
The strenght in Japanese yen is obvious and as a result we can see what has happened in the USDJPY.
The next weakest is EURO, that is why this trade is very enticing.
There is a completed reversal pattern on the EURJPY pair from 140.99 area.
We are short the pair from 139.37 targeting 133.09.
Our stop for this trade is 140.63, a trade above this level will invalidate the reversal signal.
GLT

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.