hpccrypto
Short

Tenatative trendline

FX:EURJPY   Euro / Japanese Yen
47 views
0
47 0
If EURJPY can continue to respect this tentative trendline (2 touches so not really a trendline we will see) then i dont see any support for 500+ pips.

I have chosent to short this pair earlier than USD as ECB continues to be increasingly dovish and net longs on EUR are near all time highs, these positions need to be unwound at some point which will lead to some big movements.

Comment: still in the trade, we have bounced off my support line, lets see over the next few days/weeks if we can break down.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out