SELL EURJPY 133.10
SL: 133.40
TP1: 132.90
TP2: 132.70
TP3: 132.50
Signal Analysis by LCMS Traders
Currency Pair: EURJPY
SELL EURJPY 133.10
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone Retail Sales decline, JPY: -
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast down, slow touch
- Stochastic: H4 came out from over sold
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, JPY: Final GDP q/q data tomorrow 0750hrs
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