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Euro / Japanese Yen
Short

EURJPY - Possible Short Swing

By BlueMindRichard
Weekly EURJPY showing a very strong descending parallel channel. This Channel has been active and valid for years now and I don't see an official break in the horizon just yet. All XXXJPY pairs seem to be hitting a point of resistance. I expect good Bearish movements on EURJPY in the next weeks. Use proper risk management as always.
EURJPYForexParallel ChannelSupport and ResistanceTrend Analysis
BlueMindRichard

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