OANDA:EURJPY   Euro / Japanese Yen
De price is moving to a weekly and daily supply zone. The zones are responsible for taking out a weekly trendline. The daily zone is responsible for taking out a daily demand zone. On the weekly time frame the 50 EMA will push price lower. I also see that we have in the daily zone a 618 fib level. Until tuesday there are no fundemantals that can determine the direction of price. These are the reasons for the short. Please let me know in comments if you have any suggestions or ideas where price is heading to.
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