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DocWonmug

EURJPY Possible reversal of downtrend, 1D

Long
Euro / Japanese Yen (OANDA:EURJPY)  
DocWonmug  
OANDA:EURJPY   Euro / Japanese Yen
Support and Resistance
1
0
supportandresistance
EURJPY has been in a confirmed trend since 2 Feb, with two lower highs and one lower low. With the tentative higher low on 15 Aug, it looks like that may be changing. There is a nice hammer on the 15 Aug 4H supporting this idea. I plan to check back in a few days and see to the higher low holds.

Let me know what you think.
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