EURJPY has some gusto as it strongly moves up to the top of it's consolidation range. It's currently overbought on short time frame charts. As long as resistance holds, a short entry opportunity could present itself shortly. I'm watching for a strong price rejection to go short. At current price, any bearish move could signal a short entry, however the yellow box is the ideal area for the bears to take over.
1D:
1D:
Trade closed: target reached
Target reached. Nice profit.Short @ 134.072
TP 133.377
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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.