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forexfreaks
May 4, 2020 5:31 PM

EURUSD too slow today Short

EUR/JPYOANDA

Description

Since EURUSD is moving slower than frozen molasses... I am going with another pair that is being studied. EURJPY is showing signs of continuing the short trend. Since we hit a rather high % on the fibonacci and still have not yet shown signs of breaking structure (according to a H4 analysis) EURJPY is assumed to continue the downtrend... but hitting such a high Fib PRZ this one is going to be a slow burn... got the order on and able to study other pairs while it works the magic. No news is forecasted for either currency today, so I am more confident in this assumption
Comments
TayFx
Ive bene short todya too.. easy profits, not stressful =)
forexfreaks
Forex... the only Job where Mondays are not hectic =D
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