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EUR/JPY - Reverse on weekly Chart now?
Dec 19, 2012 at 07:32
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Dec 19, 2012 at 07:32
EUR/JPY reaches his weekly R1 at 111.24. As you can see in the chart (weekly TF), this level was touched the third time now. The last two times, the pair reverses a few hundred pips. My decision: sell. SL 112.58 (next resistance), TP 108.61 (weekly pivot). Trade at your own risk! Good luck!
No pain, no gain!
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