Trend: Bearish
Structure: Support and Resistance
Plan: We monitor EURJPY for a potential breakout to the downside. I would expect price to test the upper trend level before making a move down.
MACD confirmation before entry and price could always breakout to the upside confirming the double bottom.
Structure: Support and Resistance
Plan: We monitor EURJPY for a potential breakout to the downside. I would expect price to test the upper trend level before making a move down.
MACD confirmation before entry and price could always breakout to the upside confirming the double bottom.
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Disclaimer
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.