EURObull

Upmoves With Continued CCI Bearish Divergence

Short
FX:EURJPY   Euro / Japanese Yen
It's kind of like when a roller coaster slowly climbs up, then BAM! A hard, fast and exciting drop is coming. Added to our short up here at 134.67.

Too many shorts keep getting on board, so EUR/JPY keeps juicing upwards. Look for some news "event" to be the "reason" why we drop fast and hard. Could possibly see a large gap down over the weekend (been a while since that's happened!).

Short targets from 4/30/2015 post still valid. Let's have an excellent weekend!
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.