EUR/JPY *We had +480 pips and now what?

FX:EURJPY   Euro / Japanese Yen
We had an awesome run on EJ in total about +480 pips.
Now every Tom, Dick and Harry know that EJ is bearish .

So, it may due for potential rebound, so enter short with care.

As long as the price is below 132.6 regions, I will look for a short entry only.

In a mid-term (3 to 6 months), it is going lower and the next support is 128.8 level.

Trade Safe


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