Eurjpyshort
EURJPYHello everyone, and welcome to my TradingView profile, my name is TRADiNG_Club_ and today I am going to analyze XAU/USD, a full technical analysis on different time frames using a translation of market information While doing so, let me give you a personal opinion about it. The next most likely market movement and helps you find and manage market opportunities.
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EurJpy is in strong resistance zoneAfter the 500 pips drop from 133 recent top, EurJpy has found strong support in 128 zone and has started to rebound.
This rebound can be over soon with the pair facing strong resistance above 130.
This resistance and sell zone extends to 131.50 and bears can look for opportunities to sell in search of a good R: R.
The target can be 128 support and 132 would negate this scenario
EURJPY top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.