Nuno_Nascimento

EURJPY Short idea

Short
FX:EURJPY   Euro / Japanese Yen
EURJPY is breaking a life support level. A close below the level opens the door for further downside. My idea here is IF we see price retrace and test the support then i´ll be looking to short the pair. I´m looking for 2 zones for taking profits. 1 is the dinamic support trendline, and 2 117.90 (around this level) for profit taking number 2. It´s end of month and end of quarter so the music is over when the fat ladie sings. So let´s wait
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.