After reaching the 151 zone resistance, EurJpy started to correct and dropped to 146.00-146.50 zone support.
The medium-term trend remains up and as long as Friday's low is intact I'm in favour of further gains.
Buy dips could be a good strategy and with a target at the recent 151 high we could also reach a risk: reward ratio of more than 1:2
The medium-term trend remains up and as long as Friday's low is intact I'm in favour of further gains.
Buy dips could be a good strategy and with a target at the recent 151 high we could also reach a risk: reward ratio of more than 1:2
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
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.