GetBusy88

Break of trend looks like a potential headfake

FX:EURJPY   Euro / Japanese Yen
1
- Hanging out the back of this trend line.
- MACD cresting
- Oversold on 30mins.
- Looks like 142 will be defended
- Daily MACD says its due a correction. would wait for any follow through either way from these levels.

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.