Currently @ 130.180
We expect the EUR/JPY to continue its uptrend to resistance @ 130.600
If it manages to break above 130.600 then the pair will attempt new yearly
highs @ 131
But if it fails to break resistance @ 130.600, expect it to fall back to 129.8
and attempt to break below 129.8 & test 128
Long term entries
Buys should be placed above 130.800
Sell entries below 129.500
If scalping use 130.600 & 129.800 as support & resistance levels also TP & SL levels
We expect the EUR/JPY to continue its uptrend to resistance @ 130.600
If it manages to break above 130.600 then the pair will attempt new yearly
highs @ 131
But if it fails to break resistance @ 130.600, expect it to fall back to 129.8
and attempt to break below 129.8 & test 128
Long term entries
Buys should be placed above 130.800
Sell entries below 129.500
If scalping use 130.600 & 129.800 as support & resistance levels also TP & SL levels
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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.