EUR/JPY is currently presenting a bullish setup, meaning that the price is rising towards 149 where a supply zone is located, providing a short setup as identified by the Forex48 strategy for entering a short trade. The objective here would be to wait for the price to reach this zone and then enter with a target of 148.
Let me know what you think.
Happy trading to everyone.
Forex48 Trading Academy
Let me know what you think.
Happy trading to everyone.
Forex48 Trading Academy
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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.