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kryptonites
Apr 10, 2013 6:23 PM

EURJPY - Time to cool down Short

Euro Fx/Japanese YenFXCM

Description

EURJPY have reached my 1.618 fibo level. It might be the possible turning point for EURJPY after very good fly. It may continue to break up but for the time being I think its time to rest. My TP is at actually at 61.8 fibo level or it might drop further to my 1.272 or 1.618 fibo level.
Comments
theb0x
I agree for a long term bearish trend but... potential structure can be seen 127.713 and 126.107
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