EUR / JPY: Opportunity to add short positions

EUR/JPY D1  Еxpectations: Short trend and medium term long correction. The price has reached a zone of serious resistance and gives a signal for reverse. Current levels give a good opportunity for new short positions with the trend and a good risk/reward ratio Indicators: Price below 23.6% Fibonacci and holds below. Price above 50SMA and below 200SMA. DeMarker overbought. Sequential gives 9 for decrease. SL: 122.50 Alternative scenario: Verified break above 122.50, means a new high, a breakthrough 200SMA and probably will lead the price around 124

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