After trying to make a fresh yearly high on the daily chart, the EURJPY formed a bearish pin bar that sent prices tumbling lower.
Price is now looking to breakout the intraday support level as you can see on the 4 hour chart.
The trend and momentum are still very much higher on this pair and the 125.11 level look solid areas to watch for potential bullish price action clues.
Price is now looking to breakout the intraday support level as you can see on the 4 hour chart.
The trend and momentum are still very much higher on this pair and the 125.11 level look solid areas to watch for potential bullish price action clues.
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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.