EURJPY Short Idea
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We’re looking very bearish on this pair and as we generally remain below 132.000 we’re going to favor bearish scenarios only.
Look for a clear lower high to form below 132.000 with strong bearish setups and target lower toward key levels of support.
Trade scenario 2: For us to consider EJ bullish we need to see a higher low above 132.000. Look to target higher toward key resistance levels.
Weekly Trend: Bullish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: We’re looking very bearish on this pair and as we generally remain below 132.000 we’re going to favor bearish scenarios only.
Look for a clear lower high to form below 132.000 with strong bearish setups and target lower toward key levels of support.
Trade scenario 2: For us to consider EJ bullish we need to see a higher low above 132.000. Look to target higher toward key resistance levels.
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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.
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.