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romariomorgan
Sep 3, 2015 12:33 AM

EUR/JPY Short

Euro Fx/Japanese YenFXCM

Description

EUR/JPY Day chart as you can see it has recently been bearish and had a retest of the trendlines and the resistance level at 136.614. After testing this resistance levels it failed to break and continued to be a bearish trend. From the resistance trendline there has been lower highs forming indicating that it is actually a downtrend, there should be a retest of the trendline and resistance level at 135.672 and become a good bearish trend to my target profit area.
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