EURJPY 30min Analysis February 16th, 2021
Price is in a strong bullish trend but is a bit over extended. We will first look for shorts off the weekly level of 128.400. Any double tops or other bearish formations will be a strong signal. First targets around 128.00.
We will not look to enter long till we see a health retracement back to at least 128.00
We will not look to enter long till we see a health retracement back to at least 128.00
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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.