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WallStreetIntelligence
21. Mai 2022 20:13

EUR/JPY: Short Tendency intact Short

Euro Fx/Japanese YenFXCM

Beschreibung

WSI KEY Reasons for Short Tendency:

- break of structure
- first lower low sind March 2022
- POC & ultra high volume sell zone
- Re-test of BOC + POC zone
- 200er MA H4 sell zone

JPY buying likely to continue during stock market sell-off. EUR weakness likely to also continue due to hesitancy of ECB to raise rates + Russia/Ukraine situation.

SLs should be set above break of struture level (see chart).

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Meikel & Team WSI
Kommentare
Forex_Chairman
I think it's gonna touch the OB above the liquidity area
WallStreetIntelligence
what do you think trader? Share your thoughts. We are here to discuss ;)
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