EURJPY Short Idea
The monthly time frame is consolidating and ranging while the weekly is bearish.
The daily and 4 hour time frames are both bullish which we can see on this chart.
We have found resistance around the 88.6% weekly fib level at around 122.500.
We are looking to target toward 120.000 if we continue to see bearish variations.
The monthly time frame is consolidating and ranging while the weekly is bearish.
The daily and 4 hour time frames are both bullish which we can see on this chart.
We have found resistance around the 88.6% weekly fib level at around 122.500.
We are looking to target toward 120.000 if we continue to see bearish variations.
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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.