effilang

EUR|JPY - Short Opportunity

Short
FOREXCOM:EURJPY   Euro / Japanese Yen
There is an opportunity to short the EUR|JPY on entry into the 117.350 zone.

- Short entries may be initiated on touch of 117.350
- Stop Losses should be wide and above the swing high of corrective 117.483 (Red Horizontal)
- Target Point A: 116.801 (Green Horizontal)

All remaining target and intermediary support zones to the downside are marked below entry by consecutive horizontal lines (Yellow)