garhi86
Short

EURJPY longer term perspective

FX:EURJPY   Euro / Japanese Yen
we finally broke out of the consolidation zone and tested 120. found support on 18ema and key monthly level.

I do strongly think at some point this year we will see a huge decline in EJ and i will be mainly bearish on this pair moving forward.

I will be looking for shorts to 118's firstly then will wait to see if we break and rest the weekly trend line .

we will see 110's in my opinion maybe 2018.

thoughts?

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