FeroxWealth
Short

EURJPY Selling Opportunities Preferred Below 122.02!

FX:EURJPY   Euro / Japanese Yen
Good evening traders.

This pair is clearly in a downtrend.

122.02 marks key resistance to keep pressure on the downside.

Only a sustained break above will begin to put pressure back to the upside.

Until then, selling opportunities are preferred.

The 121.6 figure marks key institutional resistance where sellers may be looking to add to shorts.

A push up into the figure may be matched with swift selling.

Short-term support is at the 120.76 low and a break below will expose further downside.

Enojy!
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out