Hey traders,
New higher high higher close on a daily chart on EURJPY.
After a quite long bullish accumulation, the price managed to break 127.5 major resistance.
Now a local rising trend line and a broken horizontal level give us a demand zone.
It can give us a nice spot to catch a bullish continuation after retest.
Next strong resistance is 129.0
Good luck!
Note
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Related publications
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.