Tokoloho

EURJPY Short Idea

Short
OANDA:EURJPY   Euro / Japanese Yen
Good Morning Traders.

I spotted this pair, and after checking on the H4 chart I realized that sales are the prospect to happen, however, I do think that a break above the marked resistance level could invalidate the sells and you should be waiting for a retest above the resistance to confirm buy entries.

I do recommend that you scale down to lower timeframes for better entry points for this pair. GOODLUCK


DANKO

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