Recapping price action from yesterday, EURJPY broke above 169.866, with momentum appearing to be bullish, a corrective move could be in play and perhaps a continuation towards the upside. If EURJPY remains above our support zone a BULLISH directional bias remains.
Buy zone: 169.866 - 169.680
Target Levels 170.469 - 170.617 [Be Cautious given the USA 4th of July Holiday]
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Tidypips: "Keep It Clean, Trade Mean!"
Buy zone: 169.866 - 169.680
Target Levels 170.469 - 170.617 [Be Cautious given the USA 4th of July Holiday]
LIKE or COMMENT if this idea sparks your interest, or share your thoughts below!
FOLLOW to keep up with fresh ideas.
Tidypips: "Keep It Clean, Trade Mean!"
Trade active
The setup is playing out: price reached the Buy zone and we’ve got a clean rejection on the H1 chart. If EURJPY stays locked above resistance zone, the INTRADAY BIAS is intact.Trade closed manually
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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.