eur/jpy

Eur/Jpy Unstoppable!

  
Market has been showing no mercy with this pair lately. Hammering it lower and lower. However price is well overstretched and is rejecting recent lows with confidence. Now it is aiming for 130 and possibly higher folks. And nothing is holding it back! It’s not a matter of if it’s a matter of when.

I hope you found this post useful. Feel free to ask me any questions or share your opinion in the comment box below. You can contact me also at miadkasravi@zfxtrading.com and please like this post if you found it useful.

Best
Miad

Eur/Jpy setup

  
Eur/Jpy 4h,

This setup could pinpoint a momentum reversal and push prices all the way down to the 135.50 area and possibly lower.

I hope you enjoyed this post. Feel free to ask me any questions or share your opinion in the comment box below. You can contact me also at miadkasravi@zfxtrading.com and please like this post if you found it useful.
Best,

Miad