EURJPY for April Week 4
EURJPY is in a tertiary trend that has failed. The outlook for the coming week is still bullish given that the daily chart bias remains bullish. In Plan A, I will be taking a buy if the price drops down to the ascending trendline (ATL) and I see a price consolidation. Plan B (dotted arrow) is also a buy if the price breaks the last bearish 4HR swing point (LSP) and then a break and test of the 1HR 50 EMA. Will be keeping the coming French election in mind.
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