EURJPY H1 Analysis
The EURJPY chart broke out of the channel it was previously in, with a downtrend potential. The price is currently rebounding on the previous support line, and we should see a downward movement in the upcoming hours. The trade would be executed as follows:
EURJPY
SELL: 1.21200
SL: 1.22000
TP1: 1.20500
TP2: 1.19800
EURJPY
SELL: 1.21200
SL: 1.22000
TP1: 1.20500
TP2: 1.19800
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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.