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LewisDawes

Potential EURJPY SHORTS!!

Short
Euro / Japanese Yen (FX:EURJPY)  
LewisDawes  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Beyond Technical Analysis EURUSD charts short trade retracement keylevel priceaction
5
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trendanalysis chartpattern beyondta eurusd charts short trade retracement keylevel priceaction
Looking to see further downside on EURJPY here if price can hold the Fib Retracement region @ 61.8%.

We have seen price break the trendline and bounce off our Monthly Support Key Level @ 128.000 to form a pullback. There is now opportunity to take a Short Position after we have seen the markets retest the trendline forming some indecisive candlesticks sitting on the Weekly Mid Range Level.

I have 2 Targets for this Set Up:

Target 1: 127.000
Target 2: 126.000
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