In this video update, we take a look at EURJPY as price approaches a key resistance level.
We could see selling resume at this key level back into the recent break out highs at 119.80.
The 4hr timeframe is currently forming bearish divergence giving us a potential short opportunity.
We could see selling resume at this key level back into the recent break out highs at 119.80.
The 4hr timeframe is currently forming bearish divergence giving us a potential short opportunity.
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.
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.