forexfreaks

EURJPY bottoming out?? Here is the breakdown

Long
forexfreaks Updated   
OANDA:EURJPY   Euro / Japanese Yen
At the Daily, H4, H1 demand zones looking for confirmation of turn. Also watching retrace on fib, just bounced off h1 and h4 trendlines.
The previous daily low is 114.848 and weekly 109.4888.
Comment:
No confirmation as of yet... continuing slowly down eur is weak today but we are hitting some tough zones. The long term trend is short but looking to grab 10-15 pips long on counter-trend move. Then back in for short.. Pip'n aint easy unless you're a freak!

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