Eurjpy on sell below 200 SMA on Daily!!!!!
It is trading below daily 20 ema, 4hr ema and 1hr ema, and trading below 200 sma on daily.. So as far as it is trading below daily 20 ema and 200 sma.. i think move towards 116 is likely.. with consolidation!!!
It is trading below daily 20 ema, 4hr ema and 1hr ema, and trading below 200 sma on daily.. So as far as it is trading below daily 20 ema and 200 sma.. i think move towards 116 is likely.. with consolidation!!!
Comment:
I closed my positions due to intraday trades as I was short from 120.23 and 120.18.. I will look for bounce above 120 in coming days to go short again as 4hr rsi is oversold.. but it can still move down.. Eurjpy is trading in bearish consolidation and bounces will be opportunities as I see eurusd going towards 1.077 and below.. but before that a bounce.. intraday bounce to go short on eurusd!!!!!
Comment:
Closed at 11.968...
Comment:
Jump in eurjpy is cooking above 119.5... As jump in Euro is expected too towards 1.10... For now I am sideways as price action demands some upside recovery..
