EURJPY looks to have ran out of steam here and a close below the resistance would trigger a short entry for me.
Trend line of best fit looks to be holding and a parallel channel shows several touches.
I would be confident in shorting EURJPY before we see any further extension upwards or further retest.
Trend line of best fit looks to be holding and a parallel channel shows several touches.
I would be confident in shorting EURJPY before we see any further extension upwards or further retest.
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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.