EURJPY 12H 24th Dec
Hi traders, as you see, EURJPY range between 127.06 and 125.70
In my opinion, the currency pair would break level 127.06 and move up toward 129.30 and perhaps higher levels.
Alternative scenario: The price could break 125.70 which start downtrend toward 125.13 and lower supports.
Resistances: 127.06, 129.30, 132.00
Supports: 125.70, 125.13, 124.45, 122.87
In my opinion, the currency pair would break level 127.06 and move up toward 129.30 and perhaps higher levels.
Alternative scenario: The price could break 125.70 which start downtrend toward 125.13 and lower supports.
Resistances: 127.06, 129.30, 132.00
Supports: 125.70, 125.13, 124.45, 122.87
Order cancelled
we may face a trend change as we are witnessing a Bearish Divergence so we are canceling this position
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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.