EurJpy Sell to 38.2 fib

The daily, weekly and monthly pivots are all north of the EurJPY triple top. Looking to short to the 38.2 target @ 119700 of the Oct run up. Positioning in during the Asia session. Hoping to see momentum from Eur news today if it is bearish on the Eur. Also noted Wayne McD.’s January profit taking stratagey on JPY. Without Big news price may retest the northern pivot before dropping – giving the stocastics a chance to get in place.

EurJPY Sell

One thought on “EurJpy Sell to 38.2 fib”

  1. Profile photo of Joe urban Joe urban says:

    Sorry about the double pic, this is my first post.