EUR/JPY monthly view Short

Euro Fx/Japanese YenFXCM

Description

⋅ Jun 12, 2014 2:49 PM

there is no doubt macd is going to cross and histograms will become negative
EMA 50 it's the big support.

peripheric european stock markets did their low exactly at the same time as eur/jpy, lets see if this is a big turning point

Comments

shaca

⋅ Jul 11, 2014 12:23 PM

eur/jpy broke a few ticks below june lows which was a monthly doji, below 137 would be confirmed the bearish trend with a big move coming

dojitrader

⋅ Jun 12, 2014 2:58 PM

Any suggested trade entries/stops for this monthly chart ?
Thanks for your thoughts !!!

shaca

⋅ Jun 13, 2014 7:36 AM

i'd prefer to not suggest anything, but the most logic entry it's short below 136 with target of 133