Euro / Japanese Yen
Long

EURJPY BUY IDEA

165
Entry#1 : Structure
Entry#2 : 1H Demand zone

Due to BOJ keeps interest rate low and the price was skyrocket in the morning
So I think that Japanese Yen pairs are going to invert into Uptrend

Luckily in EURJPY, on the Day TF is already in Uptrend. And now it creating Double Bottom And 1H Demand zone So It is a good time to consider take a long position on this pair

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.