Long EUR JPY (Oversold and Major Resistance line)
Lets take a look at the 2 support lines i have drawn here on the daily
There hasnt been any significant retrace for EUR JPY and todays risk off sentiments due to Trumps tweet and putin being straight up gangsta. These position are way overblown and I look for a back to the mid 117 before it retraces down more
Take notice the daily resistance trend line
There hasnt been any significant retrace for EUR JPY and todays risk off sentiments due to Trumps tweet and putin being straight up gangsta. These position are way overblown and I look for a back to the mid 117 before it retraces down more
Take notice the daily resistance trend line
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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.