EURJPY 7 April 2021 Time frame: 1D
Hi traders and welcome to my channel ...
As you can see
EURJPY still in the uptrend channel …
for now, price breaks 4h static resistance at 130.375… I think price going to retest it and then we have continuation of long move to the top of my channel to touch weekly resistance from the past at 133.131
If price can’t respect 130.375 as support and break it … next move for price is down to daily support at 128.193.
.
Good luck guys and be careful
.
*Support this idea with a Like or Comments if you find it useful* ... Thank you
________________________________⠀
DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only
As you can see
EURJPY still in the uptrend channel … for now, price breaks 4h static resistance at 130.375… I think price going to retest it and then we have continuation of long move to the top of my channel to touch weekly resistance from the past at 133.131
If price can’t respect 130.375 as support and break it … next move for price is down to daily support at 128.193.
.
Good luck guys and be careful
.
*Support this idea with a Like or Comments if you find it useful* ... Thank you
________________________________⠀
DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only
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.