Get started
Euro / Japanese Yen
Short

EURJPY → Next on the downside comes 161.20

72
EURJPY corrects further down and drops to four-day lows around 162.20 on Tuesday.

The continuation of the downward bias carries the potential to drag the cross to the weekly low of 161.20/25 band (November 21) prior to the provisional 55-day SMA, today at 159.40.

So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA at 153.37.
tradingconmike
🟢Free Signals:
t.me/forextradingfusion

🔴Contact:
t.me/tradingconmike1
Also on:
Chart PatternsEURJPYeurjpyanalysiseurjpyshorteurjpysignaleurjpytradeTrend Analysis

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.
Chart PatternsEURJPYeurjpyanalysiseurjpyshorteurjpysignaleurjpytradeTrend Analysis
tradingconmike
🟢Free Signals:
t.me/forextradingfusion

🔴Contact:
t.me/tradingconmike1
Also on:

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.