EUR/JPY 15min Swing Short
The 15 minute EUR/JPY is heading lower in a mark down as prices are testing the 126.20 to 126.05 level. Ideally a bounce to the 34ema low would be a great short swing trigger however prices have yet to bounce high enough to the the 34ema low. The alternative is to find a key level in front of this moving average to set up a realistic level to trigger sell. The near term highs between 126.33 and 126.30 would be a good choice since prices exhausted at the level on previous bounces.
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