SHORT EUR/JPY.

SHORT EUR/JPY, ***IF there is a clear rejection around the current area, wich is close to the 50% level of the fibonacci taken on the daily timeframe, it is also on the 126.000 weekly key level (psychological level) and on a daily key level. We can also see that there is a divergence in the market (pink channel and pink line on the RSI), wich indicates a possible move to the downside. IMPORTANT : I am only showing an analysis on one of the many timeframes that I use.
Chart PatternsDivergenceEURJPYFibonacci RetracementTechnical IndicatorskeylevelshortTrend AnalysisWeekly Charts

Haftungsausschluss