DontStopTrading

EURJPY Forecast short selling

Short
FX:EURJPY   Euro / Japanese Yen
Currently the price is consolidating between supply-2 & demand area. In the chart i have pointed out the major supply & demand levels. My bias is still bearish because market is still making lower low and will continually drop unless it breaks the downtrend market structure. However, it can continue to consolidate unless it breaks out from the demand area and hopefully to test the major demand area at 130.00

Traders, I will be glad if you like this idea or have your own opinion about it, write in the comments.
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.