EURJPY - Short Trade

FX:EURJPY   Euro / Japanese Yen
66 0 0
There is a potential short trade to be offered by EURJPY             .

Price is in an overall downtrend and in a weekly Fibonacci pattern. Having retraced to the 61% resistance price continually rejected resistance and failed to move above in a bullish manner. The pair is now close to completing the move at the 0% support of 126.30. Assuming price breaks below this level with a bearish daily close, then I will be seeking short trades to the -27% Fib extension of around 120.00.

There are a number of fundamental news releases which could impact this pair during the course of this week so I will be trading with added caution.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener 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 Contact Support Ideas Published Followers Following Private Messages Chat Sign Out