ShaunMafunga

EUR/JPY ANALYSIS - 19/11/2017

Short
OANDA:EURJPY   Euro / Japanese Yen
Notice the downtrend on EUR/JPY . I would suggest you dont take any trades at this point. Rather wait for the market to retest the Support and use second and third candle confirmation before opening a Buy position. Also focus on the thin orange trend line , those spikes could easily Stop Hunt your SL , i believe momentum will carry on downwards towards the 131.742 level before going back up.

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