Euro / Japanese Yen
Long

EURJPY 4hour Analysis June 19th, 2022

308
EURJPY Bullish Idea

Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish

Trade scenario 1:Looking bullish on EJ still and we are currently resting near our 141.500 resistance level.

From here we’re looking for higher lows above 141.500 to enter long on OR strong rejection setups off 140.000

Trade scenario 2: For us to consider EJ bearish again we would need to see structure below 140.000 in the form of a lower high.

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