ChrisSmithf0

EURJPY Short Extreme Supply

Short
FX:EURJPY   Euro / Japanese Yen
This is a positional trade suggestion for this pair.

We can see the current supply zone from earlier in 2022.

Price has come close and rejected twice.

Level upon level - there is a Fresh Supply Zone from 2014 immediately above bolstering overhead resistance to the EURO.

This idea is in line with the Sell High and Buy Low concept.
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