Anbat

EURJPY- Bearish next week!!

שורט
FX:EURJPY   יורו / יין יפני
10
From EURJPY weekly chart, RSI indicator & ema 50/ema 200 cross (black & gold lines) all appears bearish next week. This pair has been bearish for last 4 weeks ( red candles) and will continue in my opinion with a bearish drop.

Next major support level on EURJPY weekly chart is around 111.100 (red line), last major support level noted on weekly chart is around 97.000 (purple line).

This chart was done for informational purposes, not for trading. Remember always money management and when you trade shorter time frames, you get more NOISE in PA. Maybe looking at QUALITY of trading, not QUANTITY of trading would be more successful for money management and bottom line. Price action & trend trading is priority.
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