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Continuation Supply Level For Long Term Sell Position On EURJPY 08/01/2019

continuation supply level eurjpy 8-1

For the long terms, the EURJPY is at bearish momentum, just a few days ago the price created a fresh new supply above, this supply seems very strong and critical one since he broken A Significant support resistance zone, we can see that this support resistance was critical many times before, the supply above seems like a great continuation level for long-term sell Position, for the long terms I believe the price tends to reach 117.00 zones, therefore 117.00 will be my final target, I’ll sell on the first touch at the supply.

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