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EURJPY Short

Short
Euro / Japanese Yen (FX:EURJPY)  
Trade-With-Stylez  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Fibonacci Support and Resistance
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trendanalysis fibonacci supportandresistance
After TDA we notice EURJPY currently is in a downward trend as it is below the 50 EMA. It just retraced to out "GOLDEN ZONE" on the Fibonacci ( Area between 50% and 61.8) and rejected out zone level on the 5 min. Wait for the close of the candle before confirmation as this trade can possible give a 1:4 RR.

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