In this video, we take a quick look at the EURJPY currency pair, which is currently in a strong downtrend. On the four-hour timeframe, we can clearly see lower highs and lower lows. However, price has now reached a key support zone on the weekly and daily timeframes. While my bias remains bearish, I’ll be watching for a retracement toward previous swing highs for a potential entry, as the pair is trading into a significant liquidity pool and is likely to react at this level. This is not financial advice.
Trade closed: target reached
As predicted 
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👀 🚀 Clarity In The CHAOS - See 'Buy/Sell Signals Built To WIN' Video: 🔥💰
🔗 youtu.be/LpVNUevggY8
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🔗 youtu.be/LpVNUevggY8
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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.