EURJPY - Bears may continue lower, showing pressure on 131.685
Updated
Here we are on Euro/Yen daily chart and as we can see this market had been pulled back near the resistance structure 131.685 hot sell area and now we can see on last daily session bears managed to show their pressure on that specific area and may move price lower from here with the momentum. We will be getting shorts in this market as we have confluence factors which are supporting our trade here such as trend, dynamic resistance layer, static resistance horizontal level and signal itself. safe trading!
Trade closed: stop reached
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.