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VasilyTrader
Sep 29, 2022 7:16 AM

EURJPY: Pullback From Key Level πŸ‡ͺπŸ‡ΊπŸ‡―πŸ‡΅Β Long

EUR/JPYOANDA

Description

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EURJPY reached a peculiar zone on Monday:
we see a perfect match between a horizontal demand zone and 618 retracement of the last bullish impulse.

Testing the underlined zone, the market was rejected nicely and formed a doji candle then.

On 4h time frame, a double bottom was formed. The price successfully closed above its neckline.

I think that the pair will keep growing, targets: 141.2 / 142.3

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Comments
VasilyTrader
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Does it look bullish to you?
DemoDiaryFX_Trading
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@VasilyTrader, yeah, also looks bullish based on this
TheSignalyst
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good catch my friend. that went well!
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