EURJPY has surpassed and closed above a significant daily resistance level, which has now become support.
We are observing a retest of this broken structure.
To enter a long position, look for confirmation through a breakout of the horizontal range on the hourly chart.
A close of an hourly candle above its resistance will signal buyer strength.
A bullish continuation is expected towards the 164.63 level.
We are observing a retest of this broken structure.
To enter a long position, look for confirmation through a breakout of the horizontal range on the hourly chart.
A close of an hourly candle above its resistance will signal buyer strength.
A bullish continuation is expected towards the 164.63 level.
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Join our Telegram channel for daily market update 👇👇
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t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.