Anbat
Short

EURJPY- MAJOR DIRECTION BEARISH!!

FX:EURJPY   Euro / Japanese Yen
22 0 2
Making sense out of this weeks trading is very hard, only EURJPY             chart with PA this low before, is 1 M chart. From attached chart this month (June- 2016) has formed a very long red bearish candlestick . Note this very long red candlestick has NO upper shadow or wick & all pressure is market to go lower still. PA & ema 50 will be doing a death cross with ema 200 very soon. RSI on bottom is under 50. PA this month has broken below Ichimoku cloud .

Big Question is: How low will it go??
The low noted on monthly chart is 94.114, which almost 4 years ago. In my opinion-- nothing is stopping EURJPY             pair from continuing to at least the low of 108.00 next week. That would be next SUPPORT area on this chart. Be careful & trade with your brain and eyes 1st-> what you see with PRICE ACTION will keep you trading with TREND.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out