Euro / Japanese Yen
Short

#EURJPY: Major Swing Sell +1100 Pips, One Not To Miss!

4 578
The Japanese Yen (JPY) is most likely to continue its bullish trend, as the Dollar Index (DXY) is expected to decline due to the ongoing conflict between Israel and Iran. Historically, JPY and CHF, alongside gold and silver, have been favoured by global investors and remain bullish. Strong fundamentals and technical support further support our analysis.

The 167-169 price region remains a critical point for sellers, where we anticipate significant selling volume. There are two entry points to consider: one near the current price and another slightly further away. Please monitor volume and use smaller time frames for entries.

Our Swing Target is at 154, but you can also target smaller zones once the trade is activated. For instance, set take-profit levels at 164, 160, and finally, at 154.

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