EUR/JPY SHORT

Oct 26, 2017

While I don't recommend entering a trade on a pair with data releases, this pair looks to be setup for a quick possible spike up (news driven) to test prior highs of 134.50 at which I would enter a SHORT. H1 view verifies market has pierced lower Bollinger band to help the move back up to upper band which lies at prior high of 134.50. TP goal of 133.96 (38% FIB where it meets the 20MA Bolling band as well as a test of the trend line)...