Forex Trading Signal: EUR/JPY for 5th February, 2018

Daily Time-Frame Perspective:
As you can see in the chart below, the pair EUR/JPY has rallied for a while and need some rest. It has just completed a harmonic pattern and rejected from -0.18 fibonnacci resistant level. Moreover, the StochasticRSI is “Over Bought”
So I think, It’s going to be a bearish move and we’r going to have a SELL Forex Trading Signal. But we’ll decide after further analysis.

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EURJPYeurjpyshorteurjpysignalFibonacciSupport and ResistanceTrend Lines

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