Euro / Japanese YenShort
EURJPY: Technical SHORT opportunity
Fundamental:
EUR from Fundamental is weak currency due to continuation of QE program
Recent German Political unrest still pressuring EUR
JPY Fundamentally still weak currency too
Technical:
In contrast to Fundamental, the technical level for this pair is very interesting.
You can almost see a bull flag if you look at bigger time range, also you can see multiple attempts to break weekly resistance fail in a slightly shorter time frame.
Trade with reduced risk
EUR from Fundamental is weak currency due to continuation of QE program
Recent German Political unrest still pressuring EUR
JPY Fundamentally still weak currency too
Technical:
In contrast to Fundamental, the technical level for this pair is very interesting.
You can almost see a bull flag if you look at bigger time range, also you can see multiple attempts to break weekly resistance fail in a slightly shorter time frame.
Trade with reduced risk
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.