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jswalsh242

EURJPY testing resistance...Looking to fade

Short
Euro / Japanese Yen (FX:EURJPY)  
jswalsh242  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Price is testing a previous Support level on the daily ranging from 129.00-129.50. Also weekly 200MA is at 129.00.

Looking to sell EURJPY in a zone from 129.00-129.50.

Trade is invalidated with a break above 130.00

The target price is in the zone near previous daily swing low around 124.00-125.00

The minimum Risk/Reward is 4:1.
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