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tahacharef26

EUR/JPY parallel channel sells

Short
Euro / Japanese Yen (FX:EURJPY)  
tahacharef26 Updated   
FX:EURJPY   Euro / Japanese Yen
Trend Lines Candlestick Analysis Parallel Channel EURJPY short SELL sells trend rejection
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trendline candlestick parallelchannel eurjpy short sell sells trend rejection
In this chart, we can see a nice parallel channel formation with strong rejection at 126.600 which is a strong zone. Let's see how it reacts during Asian session (Unemployment Rate).
Comment:
It's rejecting some more now. Stay vigilant and execute trade until you've got some confirmation.
Comment:
Price broke resistance and keep rallying up.
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