Supported EURPJPY
EURJPY couldn't close below the support after numerous attempt. I reckon it'll go back up for a retest of the declining trendline.
Price is currently in the 50-61.8% region and it's a good place to go long with a Risk:Reward 1:2 here
Strategy like support zone Inside Bar is in play here as well pointing towards the bull direction.
Risk: #1 :Latest Price Action is bearish / #2 : Daily RSI is bearish
Price is currently in the 50-61.8% region and it's a good place to go long with a Risk:Reward 1:2 here
Strategy like support zone Inside Bar is in play here as well pointing towards the bull direction.
Risk: #1 :Latest Price Action is bearish / #2 : Daily RSI is bearish
Trade closed: target reached
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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.