Screen Shot 2016-05-31 at 17.55.03

Hello traders good to be back with you. Traders I am bias bearish on this pair as you can see we have tested resistance and looking for a retest of the same area. I have placed two down arrows on the chart for possible entry. I am looking to take profit at the price level of 1.1210 as marked on the chart. I feel the volatility I am expecting to happen in the U.S. session today. Traders this is a very basic trade we sell at resistance and buy at support.

Thank you traders and we will talk soon……William

FX Instructor Forex Blog – For Traders, By Traders

One thought on “EURJPY 30 Minute Chart Analysis”

  1. Jo says:

    chart is too small and cant be zoom in…I hv a resistance drawn @ 124.20 area, wanted to cross check with your charts

Leave a Reply