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Bearish Cypher setting up EURJPY
Euro / Japanese Yen
Short
Bearish Cypher setting up EURJPY
By PetriKleynhans
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Feb 9, 2016
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Feb 9, 2016
Hello everyone, this is my first chart, so please give input.
Reasons for trade:
EURJPY in downward trend.
Previous support comes in at C (128.011).
It's still a long way off, but it does provide a nice opportunity to set up a short trade if the Cypher pans out.
Cheers!
Petri
EURJPY
PetriKleynhans
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