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HugoAJROUCHE

Short Vision on EUR JPY

Short
Euro / Japanese Yen (FX:EURJPY)  
HugoAJROUCHE  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Fundamental Analysis EURJPY eurjpyshort
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trendanalysis fundamental eurjpy eurjpyshort
Hello Dear Traders,

You find below my analysis for Eur JPY. This pair is strictly inversely correlated to oil prices. According to my set of rules, in the M30 frame EUR JPY will fall to 130.6 as I am showing in my chart.

Currently, EUR/JPY is moving towards the resistance level of 131.4, from this value we are looking for short-term selling opportunities of EUR/JPY.
Good Luck.
Entry:at 131.45
SL 132
TP 130.6
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