EURJPY Short Idea
We’re looking short on this pair as all major timeframe trends point toward the bears.
We also may see a rejection of the current level this week. Look for strong bearish setups and breaks of structure throughout lower timeframes.
Ideally a break and retest of 118.000 with strong setups would be reason to enter. Look to target lower toward 117.000 and the monthly support around 115.000
We’re looking short on this pair as all major timeframe trends point toward the bears.
We also may see a rejection of the current level this week. Look for strong bearish setups and breaks of structure throughout lower timeframes.
Ideally a break and retest of 118.000 with strong setups would be reason to enter. Look to target lower toward 117.000 and the monthly support around 115.000
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.
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.