eurjpy daily chart
Updated
As mentioned in previous post we found support last year at the lower bound of a multi year channel at 109.50 and a swift recovery has taken shape since then.
A recovery appears plausible towards 121. A break above will take it towards 122.50/123 with the next handle at 124.
All the best and trade with care.
Thanks for your support.
A recovery appears plausible towards 121. A break above will take it towards 122.50/123 with the next handle at 124.
All the best and trade with care.
Thanks for your support.
Note
break above showing 124 this coming week before the next leg down, twinned with the neckline at 1.08 on eurusd
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