EURJPY Sell Play dependant on Market Gap

FX:EURJPY   Euro / Japanese Yen
46 0

I am personally still Bearish on the pair!
This week has been strange in P.A terms. We banked 150 pips on Tuesday but there is still further downside potential.

Wicks highlighted (red) suggest there is another small support at the price 122.600.

We could see some more pull back to the new forming bearish trend line for Lower highs and lows.

Confluences -

MA looks to cross. Spinning tops suggest indecision or consolidation.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out