EURJPY 12H 24th Dec
Updated
Hi traders, as you see, EURJPY range between 127.06 and 125.70
In my opinion, the currency pair would break level 127.06 and move up toward 129.30 and perhaps higher levels.
Alternative scenario: The price could break 125.70 which start downtrend toward 125.13 and lower supports.
Resistances: 127.06, 129.30, 132.00
Supports: 125.70, 125.13, 124.45, 122.87
In my opinion, the currency pair would break level 127.06 and move up toward 129.30 and perhaps higher levels.
Alternative scenario: The price could break 125.70 which start downtrend toward 125.13 and lower supports.
Resistances: 127.06, 129.30, 132.00
Supports: 125.70, 125.13, 124.45, 122.87
Order cancelled
we may face a trend change as we are witnessing a Bearish Divergence so we are canceling this position
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