Euro / Japanese YenShort
EUR/JPY retesting previous resistance
Let's take a look at one of our favorites EUR/JPY on 4H chart. We made a lot of pips because of descending channel . However, this channel has been broken and price now is much higher. We now are expecting price to drop to new support line and than either bounce from it or get back inside the descending channel .
What do you think about this idea ? Do you agree or disagree with us ? We would like to answer any of your questions or ideas so don't be shy and drop a comment in section below :)
What do you think about this idea ? Do you agree or disagree with us ? We would like to answer any of your questions or ideas so don't be shy and drop a comment in section below :)
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