Get started
shankaramotay

North or South?

Short
Euro / Japanese Yen (FX:EURJPY)  
shankaramotay  
FX:EURJPY   Euro / Japanese Yen
1
0
- Being overbought, could be false channel breakout
- If it's breakout, then target resistance 116.145
- If not breakout it will retrace to support 114.097

Signs of false breakout:
- Overbought on RSI (red), and if break the trend line it will be a confirmation of false breakout
- Price retraced on the channel, being false breakout (green)
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.