Euro / Japanese Yen
Long

EURJPY 4hour Analysis December 26th, 2021

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EURJPY Bullish Idea

Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bullish

Trade scenario 1: Looking bullish on the 4hour timeframe finally. From here we’re looking for a retest of 128.850 with a strong higher low to confirm.

Trade scenario 2: For us to consider EJ bearish again we would need to see a lower high below 128.850.

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