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.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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