pantheo
Short

Fourth visit to long term polarity zone

FX:EURJPY   Euro Fx/Japanese Yen
48 2 6
A lot of free air below, if breaks
Already broken... This is the distribution zone. I think target is 101.25
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A weekly close below 120 will be a good confirmation that zone broke down for good. Judging though from the way that price leaves this zone looks like order flow maybe it's consumed there already. I hope you are right about the target, because if breaks down for good I'll be heavy short:-) For now Yen reached its IH&S target and hit weekly supply zone. Cheers. P.
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