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EUR/JPY: Possible lower move. Price moves below 200 ЕМА

EUR/JPY: Trend on D1 – Short trend and short term correction.

Correction up to resistance level. close to FIBO 50%

Figure: Possible consolidation in range or triangle with break below – Negative signal

CCI(50) crossed below 100 – Possible short, DEM is pointing down – Possible short move

На 4 часа:

eurjpyh4101

Price below level of support, break below 121.647

Break below support the range

Price moves below 200 ЕМА – Negative signal

Indicators are in negative territory – Possible move lower is more likely

Stefan D. Angelov – Head of Stocks Trading

 


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