Euro / Japanese Yen

WHICH WAY DO FEEL EURJPY WILL GO - BEARISH OR BULLISH

By Tradingstrategyguides

Updated

FIB EXTENSION OR
FIB RETRACEMENT

Note

Looks like it might be a bearish continuation.

snapshot

Note

Still strong bearish momentum.

snapshot

Note

Well let's see what happens. Bullish Continuation went down to 50% fib retracement.

snapshot

Note

This shows how confusing Fibs can be, This can still be a Bearish retracement move if price goes up to 38.2% or 50% fib and then reverse back bearish.

snapshot

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