Euro Fx/Jen JapońskiShort
EURJPY Short
Our pivot point is at 141.67.
Our preference:
the downside prevails as long as 141.67 is resistance.
Alternative scenario:
the upside breakout of 141.67, would call for 142.29 and 142.66.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 141.97 and 142.18).
Our preference:
the downside prevails as long as 141.67 is resistance.
Alternative scenario:
the upside breakout of 141.67, would call for 142.29 and 142.66.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 141.97 and 142.18).
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