EURJPY - Eyes on SHORT

31 thg 3, 2016

We have seen multiple touches to confirm price is trading inside a channel. As bullish movement approaches the top of the range, looking for a high test candle or other price action to play out signaling a short position. Reversal at top of range, close below 61.8 fib retrace and close below small, bullish channel would provide confluence to take a short position.