Sell Setup - EURJPY on the way lower so time to get on board

2020-01-21 08:24:14

The EURJPY is on the way south as sellers weigh on the bulls. We see the overhead resistance at 122.670 as key resistance that will bring in some good sellers. The fact that price stalled at lower levels while extended, into 122.300, is is evidence that the sellers are getting active. Watching for push below 122.050 to build the entry setup short.

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