= ELEMONT FX =
Analysis:
- EURJPY is approaching major resistance on the Daily (blue zone)
- RSI Bearish Divergence has formed
- Blue zone is also the 61.8% fibs reversal point
- Look for the trendline to break near the blue zone as confirmation for entry short
Targets
1. 131.400
2. 129.500
3. 124.700
=========================================================
Want FREE Forex Signals and Education?
FACEBOOK: www.facebook.com/groups/elemontfx/
TELEGRAM: web.telegram.org/
=========================================================
Analysis:
- EURJPY is approaching major resistance on the Daily (blue zone)
- RSI Bearish Divergence has formed
- Blue zone is also the 61.8% fibs reversal point
- Look for the trendline to break near the blue zone as confirmation for entry short
Targets
1. 131.400
2. 129.500
3. 124.700
=========================================================
Want FREE Forex Signals and Education?
FACEBOOK: www.facebook.com/groups/elemontfx/
TELEGRAM: web.telegram.org/
=========================================================
