ITMFOREX

EUR/JPY - Potential Short Set-Up

Short
FX:EURJPY   Euro / Japanese Yen
I've been keeping an extra close on this pair over the past two weeks (despite the general trend direction favouring the bullish price action for a year and a half) the 260pip consolidation period that we have been stuck in since the 18th September 2017 is showing signs of exhaustion on the H4 chart and we could be looking at a run of bearish price action as we head in to 2018. Safe trading!

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