PippedToDeath
Short

EURJPY Sell Idea

FX:EURJPY   Euro Fx/Japanese Yen
44 0 0
4 HR             Timeframe
-PX below MA's
-break of former support
-break coincides with .236 fib I June lows\September Highs I
-Ideal Sell Area: 132.50 / 70

US Gov't shut down and Italian political uncertainty should keep the pair subdued. Components here seem a bit stretched with people about as long of EUR as they've been since 2007. Just had a big snap back on the Letta headline. USDJPY             has broken some significant levels - 97.65 is a big level today for me. Look for more downside here on a close below.
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