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EUR JPY SHORT
Euro / Japanese Yen
Short
EUR JPY SHORT
By sml123
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Apr 14, 2015
1
Apr 14, 2015
This Pair is clearly currently bearish with the creation of lower highs approaching a monthly support.
- Bearish MA Cross
- Lower Highs
- Rejection off 50% fib level
I believe if price can break the monthly support at the pshychological level of 127.000 I see the completion of a possible D leg at around 121.000.
AB=CD
Bearish Patterns
EURJPY
fib
Fibonacci
LEG
short
strategy
sml123
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