EUR/JPY, this Breakout means a further downward continuation Short

Euro Fx/Japanese YenFXCM

Description

⋅ Apr 26, 2020 8:50 PM

EUR/JPY showed us weakness last week. Even though, Japanese yen also lost on value. Overall, this is a nice trade setup.

Comments

Genius_Jet_Fx

⋅ Apr 27, 2020 4:56 AM

Good Job. Makes sense. Your placement of the diagonal trending/resistant line is on point with previous support and now a resistance at around the 116.600 zone which is your sell zone. Once it retest at 116.600 it should go down some. This EURJPY is hard to forecast with all the noise out there about the economy.

brokokot

⋅ Apr 27, 2020 9:14 AM

@Jonay1980, yes today is very hard to trade and thank you :)

forexmastersacademy

⋅ Apr 27, 2020 12:38 PM

@Genius_Jet_Fx, today is hard to trade better to invest