EUR/JPY | Possible Short Move
Updated
EUR/JPY – Daily Timeframe and 4 Hours analysis guys.
EUR/JPY we see a very nice short coming along and as our daily candle approaches our 50EMA.If we have a clear breakout 124.450 we will see the next move to our 100EMA which will probably give a bounce to it for a retest to the upside.
The possible target from 123.124 price breakout is 120.000 so we about to get it. One on the watchlist.
If all of this declines at the 50EMA you know what it is guys.
We hope this helps and gives another view for a good trading entries.
Support Levels: 124.450, 123.124, 120.00
Resistance Levels: 125.950, 128.685, 132.500
Just Trade Fx Online
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EUR/JPY we see a very nice short coming along and as our daily candle approaches our 50EMA.If we have a clear breakout 124.450 we will see the next move to our 100EMA which will probably give a bounce to it for a retest to the upside.
The possible target from 123.124 price breakout is 120.000 so we about to get it. One on the watchlist.
If all of this declines at the 50EMA you know what it is guys.
We hope this helps and gives another view for a good trading entries.
Support Levels: 124.450, 123.124, 120.00
Resistance Levels: 125.950, 128.685, 132.500
Just Trade Fx Online
Thanks for your love and support.
Don’t forget to like and follow us for more.
Note
First target reached @ 123.124
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