viner_

Bearish scenario on EURJPY

Short
FX:EURJPY   Euro / Japanese Yen
After a long bullish shout, we now have the possibility of a bearish correction. Price moved up until ~139 leaving two tops and two divergences, on the Volume and on the RSI. The first, conservative, operation is a short with the target on 135. If the price continues and breaks support, the next targets are located in our golden fibo zone, 133.841, and 127.663 (or somewhere else in between if any inconsistency appears). Stay tuned for news.
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