Euro/Yen Japanese it's look bullish in this side. Right now, we see that EUR/JPY made this break-out of this little symetrical triangle and then, we would need to hope a possible pull back at $134.28 JPY what it's recommend to add an alarm in that price $134.28 JPY to being informed when price hit the alarm. So, from this perspective I see a long position.
This it's the H4 timeframe and we see a long position what EUR/JPY could to make reaction to $135.78 JPY
And to watch, in Daily timeframe we have a key zone of demand in this yellow zone around $133 JPY with possible chance to go up.
I hope that this analysis support you!!!
This it's the H4 timeframe and we see a long position what EUR/JPY could to make reaction to $135.78 JPY
And to watch, in Daily timeframe we have a key zone of demand in this yellow zone around $133 JPY with possible chance to go up.
I hope that this analysis support you!!!
Note
Hello guys, I suggested to buy EUR/JPY now, The price continue in this bullish side as we don't see any little drop to the $134.25 JPY for now, and in what I mark in black circle it's that the price action it's speak us to bought!!!
Stop Loss to $134.30 JPY
Target to $135.80 JPY
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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.