Euro / Japanese Yen
Short
Updated

EURJPY Sell Off

250
After weeks of climbing it looks like EURJPY has reached the stop. If failed to break the resistance and after lots of sideways trading it failed to break it again. We can now expect a retest of 126.60. So EURJPY will follow the other JPY pairs.

Use the various mentioned support level as possible take profits. Try to add a long the way down more sell positions (pyramid stacking) and lower your stop loss accordingly.

SL: 131
Trade active
2nd sell added. (i see i forgot the 1st here, but you can still enter

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.