Fxprotrader
Short

EURJPY Short Term Sell Opportunity

FX:EURJPY   Euro Fx/Japanese Yen
5 months ago
Price is testing a trendline of a long term channel where we may have a setup completion in the upcoming week. Having in mind that we are in a correction we may soon have the end of this correction and have the beggining of the next impulse. We should keep a closer eye for a breakout below the corrective structure and sell EURJPY             .

Daily chart:
snapshot


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5 months ago
Comment: The breakout worked great. We may now have an upmove before the upcoming sell off
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Hiisham
5 months ago
111.500 is Strong Support
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