EURJPY: Pullback From Key Level 🇪🇺🇯🇵
EURJPY reached a peculiar zone on Monday:
we see a perfect match between a horizontal demand zone and 618 retracement of the last bullish impulse.
Testing the underlined zone, the market was rejected nicely and formed a doji candle then.
On 4h time frame, a double bottom was formed. The price successfully closed above its neckline.
I think that the pair will keep growing, targets: 141.2 / 142.3
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
💰Instagram: instagram.com/VasilyTrader/ 💰
✅Facebook: facebook.com/VasilyTrading/ ✅
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Related publications
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.