Dana16

Choose Your Scenario - EURO/Japanese Yen

OANDA:EURJPY   Euro / Japanese Yen
On my previous analyse (Jan 10th) I prepared myself for 2 scenarios: at that time the price was testing the resistance zone but without success and the market went down as anticipated.

Now, the price is testing the support zone formed since the beginning of December: a breakout under 125.8, next target will be 125.0.

If you have a different view, please share, I would love to hear your analysis.

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.