Euro / Japanese Yen
Long

EURJPY 4hour Analysis April 24th, 2022

469
EURJPY Bullish Idea

Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish

Trade scenario 1: We are looking very bullish on EJ this week. At this point we’re looking for structure formation closer to 137.000 as support.

Look to enter long on a confirmed higher low with strong bullish setups.

Trade scenario 2: For us to consider EJ bearish again we would need to see a lower high below 137.000.

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