JackTheTrader

Medium Term - EURJPY Short @ 131.211

Short
FX:EURJPY   Euro / Japanese Yen
(2hr) Looks as if there is a reversal inbound and we could be seeing this pair testing the support level @ 130.05. RSI looks to be overbought and has recently sharply turned heading downwards. Most recent candle seems to be bear engulfing , therefore sellers seem to be gaining some momentum.

SHORT ENTRY @ 131.211
SL @ 131.6
TP @ 130.4
RR @ 2.07

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