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KANI_TRADES

EURJPY Short

Short
Euro / Japanese Yen (FX:EURJPY)  
KANI_TRADES  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns
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trendanalysis chartpattern
EUR/JPY soared on Thursday, breaching short-term trendline resistance at 160.00 and approaching another key barrier stretching from 161.15 to 161.75. Bears must fiercely defend this ceiling; a failure to do so could trigger a rally toward last year's highs near the 164.00 handle.
For this short analysis,enter with a good R:R ratio.
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