EURJPY Flag?

Good Evening Dynamic Traders,

Hope you are all having a great trading week so far. It is fantastic to have a long weekend but it makes the trading week somewhat shorter and sad to say its nearly over!

A fairly shorter timeframe chart on the blog tonight - 120 minutes of the EURJPY. The trend on the daily has been up recently and after a quick kiss with the value index, price has started to retrace south. Price has honoured a couple of Fib breather levels and is now in somewhat of a congestion zone. Should it break below the support line there will be some nice pips to be made. Use of your Fib tools should help you gauge entry and exits.















Good Trading!
Bijal Shah

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