EURJPY experienced a bounce to the monthly high following the release of the recent Non-Farm Payroll (NFP) news. However, the upward momentum appears to be waning and a pullback or retracement to fill the price gap is expected to occur soon. The first target for this downward movement is the 141.5 level. It is possible that the pair may continue to drop even further, potentially reaching 140.585 or lower.
Trade closed manually
Closed with profit.Trade active
reentered.Trade closed manually
Closed at the entry, we will see later.Trade active
I will reenter it if the price breaks the line.Note
Yesterday I reentered and got stop out, I will wait for another entry today:Note
Thank you guys for your support:Trade closed: target reached
Closed with the whole profit :)Note
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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.