EURJPY Weekly 27/04/2020-01/05/2020
H4 time frame
First scenario price go up toward to test downtrend line and resistance zone at 116.614 then break it up to test the next resistance zone at 117.149
Second scenario price go up toward to test downtrend line and resistance zone at 116.614 and cannot break through it, the price will go down to make a double bottom pattern at support zone 115.819
H4 time frame
First scenario price go up toward to test downtrend line and resistance zone at 116.614 then break it up to test the next resistance zone at 117.149
Second scenario price go up toward to test downtrend line and resistance zone at 116.614 and cannot break through it, the price will go down to make a double bottom pattern at support zone 115.819
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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.