YGForex

EURJPY Potentially Climbing up to 119.50 level!!!!

Long
FX:EURJPY   Euro / Japanese Yen
As we can see, EURJPY tested the support level @117.60 but failed to breakthrough that support level. Now, we can see a potential climb to 119.60 breaking a weak resistance level @118.90 price level. At this point of time, I do not see it breaking the support level, thus initiating a long position now can be a valid trade.
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.