Get started
michaelk631

EUR/JPY short

Short
Euro / Japanese Yen (FX_IDC:EURJPY)  
michaelk631  
FX_IDC:EURJPY   Euro / Japanese Yen
5
0
We could have what looks like a nice EUR/JPY short forming here.

I see a nice downtrend with 2 shooting star candles formed at the 122.00 key level on the daily, will see how the daily candle closes before furthering any action.

First TP would be 120.00

SL just above weekly resistance at 122.100
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.