EURJPY LONG SETUP
Price technically in an UPTREND trading above the long holding CHANNEL or big BULLISH FLAG , the daily timeframe will give you a good picture of that. We are now have another retest of the area of resistance turn support at 124.80 zone.
I will be looking out for possibility of buyers holding this zone to set price higher possibly targeting recent high or above the recent high.
While a break below will set price lower exposing 123.60 as target.
I will be looking out for possibility of buyers holding this zone to set price higher possibly targeting recent high or above the recent high.
While a break below will set price lower exposing 123.60 as target.
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.