EURJPY short
Looking to sell EURJPY if price breaks through support level of 118.50 with a T/P at 116.60.
However if price contradicts this and climbs above 119.50, an entry for a buy looks more likely with a T/P at 121.40.
This is purely technical analysis, with no fundamentals considered. Nonetheless, checking fundamentals will be essential before placing the trade.
However if price contradicts this and climbs above 119.50, an entry for a buy looks more likely with a T/P at 121.40.
This is purely technical analysis, with no fundamentals considered. Nonetheless, checking fundamentals will be essential before placing the trade.
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.