Euro / Japanese YenShort
EURJPY Possible bull
In EURJPY, looking at the chart from M1 to D1, I've found out that buying EURJPY is not a bad idea in either scenario.
SL:123.524
TP:129.241
According to the ichimoku cloud as well as chart patterns, it is imminent that it would break the first TP to race towards the first two resistance points. When it reaches the TP, it may be possible that it may pullback to retest its support line that is not clear right now. Either way, buying isn't such a bad idea right now.
SL:123.524
TP:129.241
According to the ichimoku cloud as well as chart patterns, it is imminent that it would break the first TP to race towards the first two resistance points. When it reaches the TP, it may be possible that it may pullback to retest its support line that is not clear right now. Either way, buying isn't such a bad idea right now.
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