Hi Traders! We have seen that EURJPY has bounce when it reaches EMA 50. I will take Long Position at the EMA 50 because we could see many support there, the trendline support, the EMA 50 support, and the previous strong support zone that retested multiple times before. So look for Long There but don't forget always wait for candle confirmation. Be patient and don't be too greedy. Good Luck Traders!
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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.