-
EURJPY Short Opportunity Materializing Below 158.00
Today I’m going to share a potential EURJPY short setup that could materialize below 158.00. I’ll discuss what the pair needs to do to confirm the setup, and key levels and targets to watch along the way. I’ve had EURJPY on my radar for the last few weeks. The pair tested a long-running channel resistance in June, but became difficult to trade during the BoJ events in late July. Fast forward to this week, and EURJPY looks much more attractive. However, I’m not interested in longing the pair, despite the uptrend since March. If you watch the video above, you’ll see that EURJPY is trading near the top of a ...