After the June high of around 1.34, EurJpy corrected and found strong support in 1.28 zone. October is a recovery month for this pair with the price rising back above 1.3 important figure Now the pair is in a minor correction of the recent leg up and I expect continuation to the upside 1.31 can be a good place to buy and long term traders can target 1.5 zone Recent 1.34 high can also be a good place for TP for shorter-term traders This scenario is negated if the price is closing under 1.2750
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.