EUR/JPY 1H short

FX:EURJPY   Euro / Japanese Yen
EUR/JPY was a big winner on Friday with the ECB announcement and it looks as if it overextended itself ahead of the German court ruling. RSI has a little more room south to run and the slow moving stochastic line hasn't rolled over yet. Pair could target its previous resistance at 99.00 and then trend line support at 98.55 and 98.20. Target these levels, stop above 100. 40 .

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.