NMTrading
Short

EUR/JPY Short

FX:EURJPY   Euro Fx/Japanese Yen
56 0 1
EUR/JPY             is at a key level of support and has tested this level about 3 times. Has also retraced to key fibonacci levels and the overall bearish momentum supports the drop. We have seen a double top and a downward fall and now a possible minor retracement to the trend line aas illustrated. Will be looking to go short on this pair once the support has been broken which is shown by the blue rectangular region.
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