After two inside days, price finally managed to break the recent lows, and close lower than consolidation.
The EURJPY is looking very bearish indeed.
Aggressive traders should look to short right about now. More conservative traders might look for some sort of consolidation on a lower timeframe, or potentially, to maximise Reward to Risk (R), set a sell a little higher, at say 122.30
The EURJPY is looking very bearish indeed.
Aggressive traders should look to short right about now. More conservative traders might look for some sort of consolidation on a lower timeframe, or potentially, to maximise Reward to Risk (R), set a sell a little higher, at say 122.30