KhaleemAli
Short

EUR/JPY SHORT - Rejection/Fib/Shooting Star

FX:EURJPY   Euro / Japanese Yen
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2
Price failed to close above minor resistance level and formed a shooting star candle on the daily time frame. Also, on the fib drawn, the price touched the 50% level perfectly and was rejected from there, so i believe the pair will be heading downwards, the start of a downtrend.

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