There a high chance that EURJPY will break above the Zone and continue heading up for sometime. We can see according to the price analysis that the downtrend is finished and market formed a strong Invert H&S pattern which indicates strong buyers. Price is now in the Major Key Level with a high chance of breaking through due to the strong bullish momentum and if a clear breakout occurs then that means price will continue heading up
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.
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.