HiTech
Short

EURJPY FINAL WAVE DOWN

FX:EURJPY   Euro / Japanese Yen
270 2 4
EURJPY             NICELY HOLDING THE RESISTANCE LEVEL CONFIRMING THAT BEARS ARE STILL BEHIND THE WHEEL. FINAL SWING DOWN SHOULD TARGET 129.70 AREA
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As you can see from the chart my target is 129.70, and there is a very strong tech support. So potentially it should hit that area
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Like the idea, am equally cautious about this forming a new major low .. maybe a new minor low target like you've got (that 129.70) or double bottom at best .. so probably trailing stops or just being cautious when we get to 130.145
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