EURJPY: Well supported Channel Up aiming for 166.700.

165
EURJPY is bullish on its 1D technical outlook (RSI = 58.535, MACD = 0.340, ADX = 24.438) and is staging right now a rebound on the 1D MA50. This comes only days after the 1D MA200 HL rebound tight at the bottom of the Channel Up. This is a great opportunity to buy and aim for the R1 level (TP = 166.700).


## If you like our free content follow our profile to get more daily ideas. ##

## Comments and likes are greatly appreciated. ##

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.