EURJPY Bearish Idea
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Overall bearish on EJ but price action is resting at a critical zone.
From here we’re ideally looking for a strong reversal near 140.000 with bearish setups we can enter short on. Look to target lower toward key support levels.
Trade scenario 2: For us to consider EJ bullish we would first need to see a break of 140.000 with a higher low above. Look to target high toward key resistance levels.
Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish
Trade scenario 1: Overall bearish on EJ but price action is resting at a critical zone.
From here we’re ideally looking for a strong reversal near 140.000 with bearish setups we can enter short on. Look to target lower toward key support levels.
Trade scenario 2: For us to consider EJ bullish we would first need to see a break of 140.000 with a higher low above. Look to target high 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.