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Aleksin_Aleksandar

EURJPY short view 1H TF support and resistance zones

Short
Euro / Japanese Yen (OANDA:EURJPY)  
Aleksin_Aleksandar  
OANDA:EURJPY   Euro / Japanese Yen
Support and Resistance Trend Lines
17
0
supportandresistance trendline
This EURJPY chart shows how the pair makes a pullback from the resistance zone and how it bounces off the support zone.
EURJPY is breaking below the trend line, which is an additional sign for us to continue the pullback towards the lower support zone. Our first target is the previous low at 135,550, then 135,000 as a psychological level, and our last target is in the lower zone 134,200-134,500.

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