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Mihai_Iacob

EurJpy- 124 could be short term target for sellers

Short
Euro / Yen Japonais (FX:EURJPY)  
Mihai_Iacob  
FX:EURJPY   Euro / Yen Japonais
Trend Analysis Chart Patterns Technical Indicators EURJPY eurjpyshort eurjpysignal eurjpytrade eurjpyforecast eurjpyanalysis eurjpyprediction
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trendanalysis chartpattern indicator eurjpy eurjpyshort eurjpysignal eurjpytrade eurjpyforecast eurjpyanalysis eurjpyprediction
127 is strong resistance for EurJpy, marked by a bearish Pin Bar.
Now the pair is heavy and also is trading under trend line support.
A clear break of 125.30 would expose 124.00 important support in the short term.
Sell rallies towards 126 could be s good strategy with 1:2 R:R
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