EURJPY has broken its ELLIPSE RANGE and can reverse its trend

8 nov

EURJPY was trading in an ellipse range from many days and now it has given a break down and has broken its structure at the level of 165.382 and has also changed its character at the level of 164.908 and i 've entered a short trade at 165.382 with a stop loss of 165.870 and i'm targetting a reversal of the levels 161.981 and 158.358 once it will close below 164.692 it will start giving good pullback.