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iam_jaisonjose
May 7, 2018 3:04 PM

EURJPY Short Trade Setup Short

New Zealand Dollar/Japanese YenFXCM

Description

The EURJPY Pair has reached the 1H Descending Trendiline and now it is acting as a Strong Resistance. Thus we entered this trade Short. The Stop Loss is set a few pips away from the Resistance Zone and the Take Profit is just above the Daily Support.
Comments
iam_jaisonjose
The Price Broke the Daily Support and bounced off the Weekly Support. I'd recommend to exit short trades on this pair.
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