EURJPY looks likely to break lower towards the key support of 125.60. Our moving averages remain bearish on the daily timeframe adding to our confluence that price could break lower. If the trendline support highlighted by the purple trendline sees price break and close below we will look for short opportunities on the lower timeframes and trade towards the key support.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.