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Bullandbeartrading

EUR/JPY Trade Idea

Short
Euro / Japanese Yen (FX:EURJPY)  
Bullandbeartrading  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators EURJPY short Forex swigtrade countertrendline
65
4
trendanalysis chartpattern indicator eurjpy short forex swigtrade countertrendline
Hello and welcome to my Trade Idea of the currency pair EUR/JPY.

Lets start with the Top Down Analysis.


Monthly: Monthly is in a very strong downtrend.


Weekly: The weekly timeframe is bearish too.


Daily: On daily we see it's also bearish with nearly no pullbacks.


H4: On the h4 timeframe we draw the downside trendline and the counter trendline and expect that new lows will be made.


Have a nice day.
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