EURJPY has recently rejected the key resistance of 125.80 and formed a bearish weekly candle. Since then
price has rallied this week into a minor 4hr resistance zone. Price is currently being held by trendline support
and previous structure highs. If price can break lower it will give the opportunity to look for further short trades into the
key support zone of 124.20.
price has rallied this week into a minor 4hr resistance zone. Price is currently being held by trendline support
and previous structure highs. If price can break lower it will give the opportunity to look for further short trades into the
key support zone of 124.20.
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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.