Euro / Japanese Yen

Short

EURJPY possible reversal at a good PRZ level

Updated

EURJPY getting closer to an important area. A retest of broken structure and the daily 200 MA, at that same level we have also a 0,38 fib level as confluence. Gonna watch the 117,5-118 level and looking for bearish evidence for a short.

Note

We see already some weakness in the up trend. Here is a scenario for possible entry for a short signal for the more conservative of you.

snapshot

Note

So far so good and H&S as expected.

snapshot

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