Euro / Japanese YenShort
EURJPY short, 4h chart, decent risk/reward
EURJPY is trading close to a strong resistance, formed on weekly chart, as well as fibonacci 50% formed on daily chart. RSI is close to being overbought and the buying pressure is slowing down, showing that the pair could go down soon.
SL is above the mentioned resistance zone.
Entry: 127
SL: 127.6
TP: 125
Risk/Reward: 3.33
SL is above the mentioned resistance zone.
Entry: 127
SL: 127.6
TP: 125
Risk/Reward: 3.33
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