Euro / Japanese YenShort
VERTEXCHARTS | EURJPY TRADE IDEA
The currency pair is consolidating at the upper border of the descending channel .
Buyers will try to break through the upper limit.
The line is strong enough, so I expect a false breakout, if the price is pushed back beyond the level, it is more likely to continue falling to 127.36
Like and Comment to Support this idea.
Buyers will try to break through the upper limit.
The line is strong enough, so I expect a false breakout, if the price is pushed back beyond the level, it is more likely to continue falling to 127.36
Like and Comment to Support this idea.
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.
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.