- According to the most brokers’ data, more than half of the traders are currently in long positions on EURJPY. As a result, we recommend considering only Short trades at this time.
- The decrease in the sellers volume, together with the increase in the buyers volume, confirms the need to Sell according to our trading idea.
- We are setting the take profit of our Sell Order to the closest level with a large number of stop losses.
EURJPY - Downward trend will continue, Short trade by market price recommended
July 5, 2019 4:14:56 PM
Forecast Details
PairEURJPY
Direction
Sell
StatusClosed (121.60)
-90 p
122.70
Stop Loss
121.80
Entry
+100 p
120.80
Target 1
Chart & Analyst Comments
