UnknownUnicorn15614419

EURJPY: left the intersection of the lines to rise to resistance

Long
FX:EURJPY   Euro / Japanese Yen
At the beginning of the month, the price broke through the support line of October 2019 at the point 131.59, after which it made two more breakouts and eventually consolidated on this line. Now we can expect the price growth to continue to the resistance level of 133.09. Further movement will be clear after a breakout or rebound from the level.

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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.