Comments on: EUR/JPY touching short-term down-trend line https://fxww.com/eurjpy-touching-short-term-down-trend-line/ The Professional Source Tue, 25 Jun 2013 04:31:50 +0000 hourly 1 By: chris https://fxww.com/eurjpy-touching-short-term-down-trend-line/#comment-23871 Tue, 25 Jun 2013 04:31:50 +0000 http://381c099c8f.nxcli.net/?p=8876#comment-23871 hy sean,

i hope that you are again short in usdjpy or in my favourite pair the eurjpy.

eurjpy develops quite nice from the technical view, im still short, although there is a lot intraday swing, yesterday, there would be 80 pips, but i didnt close. i wait for a big red weekly canlde to develop and like i wrote you on twitter, the eurjpy has a nice technical setup.

I will watch 127,10/00!, a close under that level will signal real bearish strength.

overall i think we havent seen the low in eurjpy since 133, 119 would be a nice level, but how has the psychological strength for going short for such a long term.

good trading sean,

chris

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