Get started
MMQ_FX

EUR/JPY: Triple Top at Resistance

Short
Euro / Japanese Yen (OANDA:EURJPY)  
MMQ_FX  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis EURJPY tripletop uptrend euroyen
6
0
trendanalysis eurjpy tripletop uptrend euroyen
EURJPY currently uptrending. A weakness in JPY has been observed with XXXJPY pairs rising over recent days.

However, this pair has came to a halt at the resistance zone forming a triple top. We look to sell to meet the upward trendline.

Potential short for 150+ pips once price action confirms bearish reversal.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.