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EURJPY testing resistance...Looking to fade
Euro / Japanese Yen
Short
EURJPY testing resistance...Looking to fade
By jswalsh242
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Jun 4, 2018
0
Jun 4, 2018
Price is testing a previous Support level on the daily ranging from 129.00-129.50. Also weekly 200MA is at 129.00.
Looking to sell EURJPY in a zone from 129.00-129.50.
Trade is invalidated with a break above 130.00
The target price is in the zone near previous daily swing low around 124.00-125.00
The minimum Risk/Reward is 4:1.
Chart Patterns
Trend Analysis
jswalsh242
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