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EURJPY Analysis

Profile photo of Nuno Lampreia – Forex.Today by Nuno Lampreia – Forex.Today
2015-10-29_01-05-23eurjpy

2015-10-29_01-05-23eurjpy

Being fundamentaly bearish on the euro pair I would only consider shorts for swing trading.

Two opportunities may arise where a retracement will be given until the 200 ma and then down to the 127.000 level or support will be broken with a strong move perhaps providing us with the now resistance level and then down to the same level at 127.000.

 

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