Fxprotrader
Short

EURJPY: Price At Long Term Downtrend

FX:EURJPY   Euro Fx/Japanese Yen
312 0 18
Looking at the daily chart of EURJPY             we see that price has reached and been rejected from a long term daily downtrend at previous structure. Although we had a move to the down from that level we may still watch for sell setups in case of a pullback. I will personally wait for a pullback at the upper parallel of the median line set

snapshot


In case price reverses and break above the daily downtrend we should watch for long opportunities

Have a nice trading week..!
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