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EURJPY 4hour Analysis November 28th, 2021

Short
Euro / Japanese Yen (FX:EURJPY)  
ForexLeague  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Technical Indicators Forex forexsignals priceaction EURJPY Technical Analysis
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EURJPY Bearish Idea

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

Trade scenario 1: Looking very bearish on EURJPY and we are looking to continue with that trend.

Ideally, we see price action retest 128.850 and present a lower high we can enter short on.

Trade scenario 2: For us to consider EURJPY bullish on this 4hour trend we would first need to see a higher low above 128.850
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