EURJPY MAY 30 2021 SUNDAY EVENING CHART ANALYSIS
-D1 Market has been bullish since June 22 2020 and price swiftly is above the 200MA mostly.
-Reached D1 resistance.
-It printed a two big Bullish candle last May 27 2021 and consolidate.
-BB is showing a constriction and expect for a bearish move as price is already on the D1 resistance.
****Might take a 20 to 25 pip short as it is against the trend or wait for the price to touch 200MA and a MACD cross to go LONG>
-D1 Market has been bullish since June 22 2020 and price swiftly is above the 200MA mostly.
-Reached D1 resistance.
-It printed a two big Bullish candle last May 27 2021 and consolidate.
-BB is showing a constriction and expect for a bearish move as price is already on the D1 resistance.
****Might take a 20 to 25 pip short as it is against the trend or wait for the price to touch 200MA and a MACD cross to go LONG>