VladimirRibakov

EURJPY Short Term Sell Idea

Short
OANDA:EURJPY   Euro / Japanese Yen
D1 - Price is bouncing lower from a key resistance zone.

Bearish divergence.

Most recent uptrend line breakout.

H1 - Bearish trend pattern.

Currently it looks like a correction is happening.

Until the two strong resistance zones hold my short term view remains bearish here.

Disclaimer

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.