Euro / Japanese Yen
Short

EurJpy Daily setup

120
We have a 38.20% and a 61.80% Fibonacci retracement around our entry area, with a 10 + 20 sma. cross over about to happen, should give some very nice restiance, with a doji trigger candle. Stoploss just above monthly pivot point, for a tighter stoploss the weekly pivot point restiance level would also be a good stoploss level.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.