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SVENSSON_DK

EURJPY - A close today below 125.640 should take us down to...

Short
Euro / Japanese Yen (SAXO:EURJPY)  
SVENSSON_DK Updated   
SAXO:EURJPY   Euro / Japanese Yen
Support and Resistance Rectangle Economic Cycles
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supportandresistance rectangle economiccycle
A close today below the daily support around 125.640, could take us all the way down to the next weekly support level around 124.263...

If we close below the daily support 125.640 today, it might make sense to go short on a retest, if price action looks bearish.
Comment:
I'm standing by for now
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