the EUR fundamentally is a +1.2 and the JPY is a -8.3 / fundamentals are to the upside, we see a push breaking our lower level area of sell pressure that will now become buy pressure. so what we are looking for is exhaustion back to this zone then price action and entry confirmation to place a trade up to our next major area of sell pressure. Take profit one is at previous high and when this is hit we will half our trade and move sl to entry.
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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.