EURJPY April 9, 2015

In the last post, I wrote that I am bearish on EURJPY overall, but it is in a range right now.

ATM, there are not very many counter trend players in the market so my guess would be to wait for the break of the current support and short it on a pullback or a breakout, targeting the lowest support but the support price is currently testing has held many times and is therefore strong, so a bounce is possible for sure. The level could hold.

SpacePip’s TradingCave↓

twitter-logo Want To Follow my Feed?   @cannamellia

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s