EliteTradingSignals

EUR/JPY BEARS ARE GAINING STRENGTH|SHORT

Short
FX:EURJPY   Euro / Japanese Yen
Hello,Friends!

The BB upper band is nearby so EUR-JPY is in the overbought territory. Thus, despite the uptrend on the 1W timeframe I think that we will see a bearish reaction from the resistance line above and a move down towards the target at around 156.381.

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Comment:
We are seeing a good move already so we will keep the trade running!

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