Trade_Fanatics

EURJPY Short

Short
Trade_Fanatics Updated   
FX:EURJPY   Euro / Japanese Yen
Since this pair has been on an uptrend with no recent resistance level to show, I found a level from 2009 which intially should have caused a rejection, but was liquidated to take out traders who were going short in this area. Allowing commercial traders to enter short positions and be profitable.
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