The EURJPY pair is bearish on its 4H technicals (RSI = 36.770, MACD = -0.190, ADX = 17.605) near the bottom of the 10 day Channel Down. The RSI is also inside a Channel Down but has more strength to lose before hitting its bottom. We may see a little more downside to it but on a 1 week horizon this is a buy opportunity (TP = 144.350) aimed at the top of the Channel Down.
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Over 65% accuracy on Private Signals Channel.
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investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
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Free Channel: t.me/investingscopeofficial
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.