EUR/JPY Bullish trend but pull-back expected

Euro Fx/Japanese YenFXCM

Description

⋅ Mar 12, 2016 6:49 PM

Last friday price held well on KS.

Since we've had three consecutive bullish candles, I expect a short retracement before going up again.

We should probably test the top of the KUMO, corresponding to the 61.8% fib retracement.

Comment

⋅ Mar 16, 2016 8:55 PM

Looking good so far :)