EURJPY - Look for Reversal Long (INTRADAY) 1:4!The JPY pairs have experienced a significant drop due to the recent Yen hike and are now consolidating around the HTF support. There’s potential for a temporary rejection at the Demand Zone, presenting an opportunity to go long, aiming at least for TP1.
Let's see how the market moves as we start the week!
Disclaimer:
This is simply my personal technical analysis, and you're free to consider it as a reference or disregard it. No obligation! Emphasizing the importance of proper risk management—it can make a significant difference. Wishing you a successful and happy trading experience!