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Tickmill
19 janv. 2018 05:38

EURJPY facing tremendous bearish pressure, keep your eye out on  Short

Euro Fx/Japanese YenFXCM

Description


EURJPY is facing tremendous bearish pressure below 135.95 (Fibonacci retracement, Fibonacci extension, bearish divergence) and a strong drop could occur at this level to push price down towards 134.55 support (Fibonacci retracement, horizontal pullback support).

Stochastic (34,5,3) is seeing really strong bearish divergence vs price and this could signal a major reversal.

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Commentaires
cozzamara
It broke yesterday at 8:00 in the morning European Time and been bearish since. Broke trendline, tested it and threw itself down. Great interpretation of signals. Thank you for sharing.
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