farhaddeheshki

Bearish Prediction for EUR/JPY

FOREXCOM:EURJPY   Euro / Japanese Yen
Hi guys
In short term time frame, we can see a upward channel & there will be buy chance after green bullish engulfing candle.
TP1: 139.830
TP2: 130.280
SL : 129.200

On the other hand, in higher Time Frame, 1D > Price will hit the SMA 50 and push back into the warm huge of SMA200> down ward.
But for this scenario, it will be too early to jump into the Deal!!
It should be only in our behind thoughts.
good luck

I will be appreciate to leave your comments.
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