EURJPY - Outlook

9 mar 2019

Here is a chart breakdown on EURJPY. Expecting the price to retracement first and make a LH - at the point only sell it for a new low. Price has been in a bearish trend on the weekly and last move higher was merely a retracement within a bearish trend, now that sellers have entered into the market as can be seen of weekly, expecting the price to do a little retracement and continue going lower. This is an outlook and not a precise analysis but merely a trading idea. Use this idea along with your analysis and trading strategy to take advantage.