AutomateForex

EURJPY Possible short position

Short
OANDA:EURJPY   Euro / Japanese Yen
Hi Traders,

Based on technical analysis, we can see divergence before price failing to break the resistance line at 163,300, by this we can confirm the price to be bearish. Place a sell or short position around 163.260, take profit at 163.030 and stop loss at 163.430.

Thanks
Happy trading
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