Fxprotrader

EURJPY Short Term Sell Opportunity

Short
Fxprotrader Aggiornato   
FX:EURJPY   Euro / Yen giapponese
Price is testing a trendline of a long term channel where we may have a setup completion in the upcoming week. Having in mind that we are in a correction we may soon have the end of this correction and have the beggining of the next impulse. We should keep a closer eye for a breakout below the corrective structure and sell EURJPY.

Daily chart:

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Commento:
The breakout worked great. We may now have an upmove before the upcoming sell off
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