TradingView
FahimLatif
Feb 2, 2019 7:05 PM

EURJPY CAUTION! 

Euro Fx/Japanese YenFXCM

Description

EURJPY is retesting a really important S/R area which strongly rejected the currency pair in the past (highlighted areas in yellow). Even if it breaks the resistance now, we have a new trend line formed where the price could be rejected to continue with the bearish trend. I support the bearish scenario but I will wait for further confirmations.
Will keep my eye on this pair.
More