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DeGRAM
Jan 25, 2024 8:42 AM

DeGRAM | EURJPY break above / close above Long

Euro Fx/Japanese YenFXCM

Description

EURJPY is making higher highs and higher closes on the 4 hourly chart, indicating a bullish trend.

Price rebounded from the reaction zone.

The market broke and closed above the reaction zone, which is the support level.

We expect a breakout of the level, a pullback to it, and then a continuation of the trend since the major trend is bullish.



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Comments
Setupsfx_
EURJPY, great outlook of the market.
merc04
That announcement did not go well.
Yelli_trades
maybe yes, maybe no, pretty unclear price action, as for me
DeGRAM
Good luck in the markets and may the profit be with you !
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