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Harpa

EURJPY - are Bears eyeing on 127.71? Here we are on Eur/Yen Daily chart and as we can see this market has broken aggresively through the strong support area which is nearly at 131.68 and now it seems like bullish trend is going to reverse here so we will be looking for the pull back near this 127.71 area to look for sell price action signals. we have confluence factors here as dynamic layers is aligning with our over all scenario, we have static resistance level here, we may have new trend in play. Let's see how market reacts on that level. safe trading!
by HashamARehman
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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