RyanLeeFX

Intraday Short

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FX:EURJPY   Euro / Iene Japonês
Expecting an intraday retrace back to 139.000 area before continuing lower. There's many confluences corresponding to that level. Dail close last Friday, Weekly close of last week, significant round number, last significant level of support that was recently broken but has yet to be tested as resistance and lastly, price left an area of inefficient pricing at that level. Set your price alert just below this level and wait to see how price behaves after retracing to this level.

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Happy Trading!
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