FX:EURJPY   Euro / Japanese Yen
0
EURJPY has a range of areas it may want to go. Since the upTL hasn't been broken yet on almost 3 attempts, I suspect it will hold up.

The Future cloud is a Stratus cloud formation, dry, side ways, but has turned to the downside. If price breaks the TL it has much room to move down. If it does not it will continue its channel until there is huge reason for supply demand.

Right now the price is in a serious sized Cumulus, which shows lots of bundled tension and strong potential for b/o

Targets? Break up to 141.16; a break down? 133.24 or lower

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.