EURJPY - second part of a bearish channel

FX:EURJPY   Euro / Japanese Yen
44 0
Prior to 3th december, EURJPY was in a steady descending channel . This channel was suddenly stopped by Draghi and it then resumed at the same pace. The magnitude of the waves and the slopes of the two channels are very close.

Therefore I expect the PA to slide against the lower band of the channel like it did in the second half part of the first channel, opening up the way for a short trade.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out