FollowMyTrades
Short

EUR/JPY Short potential

FX_IDC:EURJPY   Euro Fx/Japanese Yen
So after a nose dive in December for the EURJPY             it has seen a pull back over the last couple of weeks. We have this ascending channel formed, however, it is starting to approach two major points of resistance. The first is the 200 EMA where I anticpate a rejection, also the 137.500 level which is the previous swing high. I'm going to look for a PA rejection at these levels for an entry and possibly a break to the downside through the 20 & 50 EMA .

If price breaches the last swing high my bias will change to Bullish .
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
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