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BillionsFx
Sep 12, 2016 11:27 PM

EURJPY POSSIBLE SHORTS Short

Euro Fx/Japanese YenFXCM

Description

1) Daily resistance zone
2) Downside shifts in MA's
3) Previous/ most recent daily candle closed below resistance zone
, if zone holds + break of ascending trend line shorts to 113.847
4) If support at 113.847 fails to hold further shorts towards 112.354
( May see price pullback into 114.467 when 113.847 is reached to accumulate shorts to take out the 113.847 support level)
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