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RCP
Sep 11, 2015 6:44 AM

EURJPY: Must Short Setup Short

Euro Fx/Japanese YenFXCM

Description

Today on FX:EURJPY we have a very nice shorting opportunity with good R/R.

First of all we have very strong structure resistance @136.45 with the confluence of fibs 61.8 and daily R1.
Our target is the next structure support with the confluence of fibs 38.2 @134.99

Besides we have a bearish divergence and all these gives us a good chance to go short today.
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