michael6malone

I am going short to 112.50 with a stop at 114.78.

Short
michael6malone Updated   
FX:EURJPY   Euro / Japanese Yen
2
2016Sep12 I am going short to 112.50 with a stop at 114.78.

The price hit the resistance that appears just before the 38.20% fib retracement level.
A red candle is forming with a long upper candle.
The RSI is still dropping.
Comment:
Sorry, my target is 113.90 not 112.50.
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