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EUR/JPY SHORT TRADE AFTER CPI NEWS

Short
Euro / Japanese Yen (OANDA:EURJPY)  
Forex48_TradingAcademy  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Technical Indicators Fundamental Analysis EURJPY XAUUSD Forex signals service priceaction volumespreadanalysis
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trendanalysis indicator fundamental eurjpy xauusd forex signals service priceaction volumespreadanalysis
On EURJPY, we have a bearish setup with the price retracing to the 0.5 Fibonacci level at 156.25, where it formed a pin bar. Personally, I used this pin bar as a signal to enter a short position on this trade with a target of 155, which is the previous H4 low. Let me know what you think. Happy trading to everyone from Nicola, CEO of Forex48 Trading Academy.
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