EURJPY SUPPORT LEVEL It has broken above its resistance level in the daily time frames. So we look for entries in the support levels pasted across
Eurjpyforex
EURJPYSupport and resistance line hit at around 138.800. on one day time frame formation of a hanging man. on the RSI indicator an oversold position its still active which may suggests a reversal pattern to around 135.500.
EURJPY IdeaG'day Trader
Today our analysis will be EURJPY currency pair. Based on the weekly timeframe, we going to see some huge correction before this pair continue the downtrend rally.
We might approach a 124.733 price tag target before re-analyst future market movement. Personally, I am gonna open a long position with manageable stop loss and target at 129.500 zones.
If this buy target is achieved, I am gonna open a sell position with a little wide stop loss to anticipate StopLoss hunter. Dance with the market movement.
Let's see what gonna happens next. Cheers.
