Euro / Japanese YenShort
EURJPY: fixing at the level before the start of the fall
The price has been rising since 2019 in an uptrend. A repeating situation is visible along the resistance line - the price touches the line, bounces off, works out the correction, is fixed on the line and only after that it falls. This time the price touched the resistance of 130.52, but after the rebound did not reach the line and fixed at the price level. Now we can expect a fall to support 129.15.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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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.