EURJPY: We are in an overall bearish trend, so I have been favouring the short trade all week.
Last week price hit strong resistance and price started to fall. We can see from week open yesterday that price broke the ascending channel & managed to also break a horizontal support area.
I have opened two trades on this pair, one is longer term and the other should be played out by the end of this week.
Last week price hit strong resistance and price started to fall. We can see from week open yesterday that price broke the ascending channel & managed to also break a horizontal support area.
I have opened two trades on this pair, one is longer term and the other should be played out by the end of this week.