MedinaINC

Analysis for EURJPY Daily

Short
FX:EURJPY   Euro / Japanese Yen
EurJpy has had a downwards push and is currently retracing. (Impulse Move then Correction) EJ finds itself at a previous support now becoming resistance. A strong area that has been tested as a support many times as you can see on my analysis. This is my bias for now, if price breaks through this previous support upwards, then we will wait for a candlestick conformation to sell once it hits the major trend line. I'll keep you all updated on this pair, Catch those pips my wee lads XD

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