EURJPY Market Outlook | Daily Forex Market BreakdownEURJPY
I’m not liking how this is looking. A bit to choppy for my liking. EURJPY is floating around support it will be key to wait and see if support is going to hold or if we are going to roll over to the downside. Seeing a clean rejection off the 78.6 fib right now. Staying on the sidelines for now.
Eurjpyprediction
EURJPY at critical Support LevelEURJPY has reached a very important Support Level. Although I expect a bounce here, a breakdown can not be ruled out as well.
If price rebounds from the Support Level, we could see 119 very soon.
But, a breakdown below this all-important Support Level could be pretty catastrophic for the EURJPY Bulls.
EURJPY 4HR. Price at Buy-Zone; Long w/ Confirmation OR Counter! Failure/ rejection at Buy-Zone could see retest of trendline through lower targets:
116.663
115.602
115.221
113.389
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EURJPY short oppertunityhey guys, there is a selling opportunity in EURJPY.
Based on Minor structure label....
and Trend line breakout strategy
And there are 2 entry points. how much risk you can tolerate in this trade, that's your decision.
And there is also the 3 TP area you can use....... and that depends on how much do you want....
Good luck everyone...