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EURJPY 4hour Analysis December 5th, 2021

Short
Euro / Japanese Yen (FX:EURJPY)  
ForexLeague  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators Forex forexsignals priceaction EURJPY EUR jpy forexleague
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trendanalysis chartpattern indicator forex forexsignals priceaction eurjpy eur jpy forexleague
EURJPY Bearish Idea

Weekly Trend: Bearish
Daily Trend: Bearish
4hour Trend: Bearish

Trade scenario 1: We are full bearish right now on EJ. We’re looking to continue with this trend and we’re waiting for a break of 127.500 with a lower high below.

Look to enter short and target lower toward 126.500

Trade scenario 2: For us to consider EJ bullish we would need to see a higher low above 128.850.
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