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EURJPY short opportunity
Euro / Japanese Yen
Short
EURJPY short opportunity
By Reis593
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Mar 9, 2021
1
Mar 9, 2021
Looking at the 1 hour timeframe, EURJPY is currently ranging which we can capitalize on
We have a resistance level at 129.500 which has been tested multiple time and price hits and moves down to 128.800 at the support level
We currently have a bearish engulfing coming off at the 129.500 resistance level and can short it to 128.800
SL: 129.600
TP: 128.800
RR = 8.83
EURJPY
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Trend Analysis
Reis593
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