Forex_League_Analysis

EURJPY 30min Analysis March 25th, 2021

OANDA:EURJPY   Euro / Japanese Yen
Trade Scenario 1: Bullish - For us to go long we need to see price break above 128.800. We will then wait for price to retrace and 128.800 to act as support. Enter on strong bullish setups, first targeting 129.200

Trade Scenario 2: Bearish - For us to go short we need to see price break below 128.400. We will then wait for price to retrace and 128.400 to flip as resistance. Enter on strong bearish setups, first targeting 128.00
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.