Euro / Japanese Yen

Short

Updated

EURJPY 240min 3 technical reasons to be short

1. Bearish Cypher completed
2. RSI downward momentum
3. Potential Bullish Cypher completion

Voila!

Note

Another Bearish Cypher formation completed @ 130.773.

Note

snapshot

Note

On a similar note there is potential for a Bearish Gartley Pattern completion. Technically speaking upside is probable should support hold medium term.

Note

snapshot

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Also on:

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.