EURJPY 7/27/2025
EURJPY 4hour Bullish Idea
Monthly - Bullish
Weekly - Bullish
Daily - Bullish
4hour - Bullish
All timeframes suggest we are bullish and after last week that is clear. We’re expecting a bit of a pullback but let’s get into two potential setups for the week ahead:
Bullish Continuation - If we are to continue with the bullish trend we would like to enter a trade at the next point of structure. In this scenario, the next point of structure would be a higher low as close to 172.250 support & our 61.8% fib level as possible.
Look to target higher toward our -27% fib level if this happens.
Bearish Reversal - For us to consider EJ bearish again we would need to see a strong break below our support at 172.250.
If we see bearish structure below this zone we can say price action will most likely fall lower, potentially down to 170.750.
EURJPY 4hour Bullish Idea
Monthly - Bullish
Weekly - Bullish
Daily - Bullish
4hour - Bullish
All timeframes suggest we are bullish and after last week that is clear. We’re expecting a bit of a pullback but let’s get into two potential setups for the week ahead:
Bullish Continuation - If we are to continue with the bullish trend we would like to enter a trade at the next point of structure. In this scenario, the next point of structure would be a higher low as close to 172.250 support & our 61.8% fib level as possible.
Look to target higher toward our -27% fib level if this happens.
Bearish Reversal - For us to consider EJ bearish again we would need to see a strong break below our support at 172.250.
If we see bearish structure below this zone we can say price action will most likely fall lower, potentially down to 170.750.
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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.