davide.braito

Possible short scenario Eur/Jpy

FX:EURJPY   Euro / Japanese Yen
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A possible short scenario on EUR/JPY is possible if the BOJ will slaken the QE program, also 22th July will be elections in Japan and this fact could be cause of big volatility .
Into the graph I see an hanging man in proximity of the 0.5 of Fibo rentracements, this could be a possible signal of change of trend but it needs confirmation.
At the moment I'm writing there is any confirmation of my trading idea.

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