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EURJPY 60 Minute Chart Analysis for Today

Thursday, March 5, 2015 7:34
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Screen Shot 2015-03-05 at 08.07.16

EURJPY- This is another 1 Hour chart. Well today we have a total different set up and yes we continue to sell this as the Daily is bearish. I placed a Fibonacci on this chart and just looking for a small pull back and we can sell this as we can see this is very bearish, my other issue is we are at heavy support and we have to be cautious of a bounce. The entry we must have some kind of conformation and I would not trade this pair till the London open. When it clears this support this can be a great trade. Yes traders this is the same trade as yesterday with a new Fibonacci and markings. The trade worked very well yesterday hope we see the same today.



Source: http://www.fxinstructor.com/blog/eurjpy-60-minute-chart-analysis-for-today

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