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FxWirePro- Major US Indices

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EUR/JPY remain short despite challenges

Monday, February 23, 2015 8:37 AM UTC

Long tail on Fri's candlestick line an obstacle for bears
Failure to perform a daily close sub 134.20 - 38.2% 130.16-136.70 weighs
133.43 - 50% 130.16-136.70
Market needs daily close 134.20 to fade the structure further
Traders remain short at 135.70 for 132.66 and their stop stays at 136.77

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EUR/JPY remain short despite challenges

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