EURJPY | Technical Analysis
Updated
- EUR news is positive
- Bearish momentum losing power in 4H channel
- MACD Crossover buy signal approx. nearby
- Stoch Oversold & Buy signal
- Doji in 4HR
- Down Channel Support & Resistance is formed
Current TP is @129, if breakout happen next TP will be 130
SL 128.4, below the strongest support 128.45.
Comment
Unfortunately, SL hit, but SL is still with bottom support line.Analysis is still valid until breakout.
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