EURJPY Short Contrarian Position

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A short position in EUR/JPY pair is initiated based on overall over extension both in EUR/USD pair and in USD/JPY. Thus the total weakness of the Japanese Yen can be easily reversed if one of the major pairs above retrace back to its MAs.
Trade chiuso: stop raggiunto
Stop Loss reached on 18.09.2017.
Beyond Technical AnalysisChart PatternseurjpyshorteurjpysignaleurjpytradeTrend Analysis

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