EURJPY / H1 / Daily Forex Technical Analysis / 6.17.2019
Hello Traders, welcome to the Daily Forex technical analysis. Today is June 17th, 2019 and we will be taking a look at the Euro against the Japanese Yen . Looking at the 1 hour time we are now looking for a pullback back of the current structure which could possibly be shorted but we will be looking for a profitable long opportunity on the retest of a previous support area near the 121.49 region. Entry for a Long position near the 121.485 area, with a Stop Loss near the 121.205 region, and a target level area of 122.104 to possibly ensure a profitable trade with a 2.21 to 1 R/R.
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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.