EURJPY may rise from the Bullish Order Block!
EURJPY is approaching a key bullish order block zone. If the price touches this zone, we can anticipate a potential upward momentum. It's advisable to consider a direct entry at the current price level, as there is a high probability that the price will rise from the given order block.
Bullish Order Block: 162.667 and 162.194
Resistance: 163.581 and 163.442
I used Smart Money Concepts (SMC) to analyze the charts, which has a high success rate for predicting market movements.
ENTRY PRICE :- 162.667
TAKE PROFIT :- 163.218
STOP LOSS :- 162.110