Euro / Japanese Yen
Short

EURJPY 4hour Analysis 3/22/20

156
EURJPY Neutral Idea

This pair is looking bearish on the weekly, daily and 4 hour time frames.

Currently price is consolidating between 119.500 and 117.500 but is still looking favorably bearish

You can trade this range as an aggressive option or play it conservatively and wait for a break of a key support or resistance.

Ideally a push toward 117.500 followed by a break and retest would be enough to enter. Look to target toward the monthly support around 115.500

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