jvaughn1532

EurJpy Continued move to the upside

jvaughn1532 Updated   
FX:EURJPY   Euro / Japanese Yen
EurJpy on the monthly level is beginning a new trend because of this we should see EurJpy buy for the whole beginning of next year. Next week we will see the beginning of the week begin with a sell for a pullback on higher time frames but then we will end the week and month to the upside as the monthly candle closure will likely be above the most recent high.
Comment:
EurJpy gave us the reaction off the daily level (red line) we were looking for now we hope to see it continue to drop next week to give us a buy entry later on at the beginning of 2021

Related Ideas

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.