AndreM.Moldegard-Eriksen
Short

EURJPY short, 4h chart, decent risk/reward

FX:EURJPY   Euro Fx/Japanese Yen
EURJPY             is trading close to a strong resistance, formed on weekly chart, as well as fibonacci 50% formed on daily chart . RSI is close to being overbought and the buying pressure is slowing down, showing that the pair could go down soon.
SL is above the mentioned resistance zone .

Entry: 127
SL: 127.6
TP: 125

Risk/Reward: 3.33
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