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Sakiat
Feb 12, 2015 5:47 PM

EurJpy  Short

Euro Fx/Japanese YenFXCM

Description

Eurojpy is looking at good formed.

We have seen some retracement on weekly chart of this pair .If we focus on weekly chart we can see a strong trend-line after resistance.Have a look here are going to happen a rejection from both price as trend-line and resistance most probably.If we could see the rejection successfully after the week then we can go with the flow smoothly till 125.At the same time we could expect MA crossing chart also...
Comments
Sakiat
Market is trying to push upper line and pushing the resistance but here we can see that it is not able to break this point let's wait a little more...
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