Euro / Japanese YenShort
EURJPY 7month Channel Up looking for a correction.
EURJPY is trading inside a Channel Up for the past 7 months, consolidating currently around the 1day MA50.
The Channel Down on the 1day RSI hints towards a possible price pull back, the same kind that took place in November-December and June-July 2022.
Both corrections touched the 1day MA200.
Sell and target 152.000 (projected contact with the 1day MA200).
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The Channel Down on the 1day RSI hints towards a possible price pull back, the same kind that took place in November-December and June-July 2022.
Both corrections touched the 1day MA200.
Sell and target 152.000 (projected contact with the 1day MA200).
Follow us, like the idea and leave a comment below!!
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