Get started
VladimirRibakov

EURJPY Buy Idea Towards Key Resistance Zone

Long
Euro / Japanese Yen (OANDA:EURJPY)  
VladimirRibakov  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Support and Resistance Multiple Time Frame Analysis EURJPY buy Bullish Patterns Trend Line Break support
10
2
trendanalysis supportandresistance mtfa eurjpy buy bullish trendlinebreak support
D1 - Bullish rally followed by double wave correction and the breakout of the most recent downtrend line.

Currently there are no signs that show this bullish trend is over.

H4 - Price has broken above a strong support zone and is holding above it.

Price still has room higher towards the next key resistance zone.

Until the strong support zone holds I expect the price to continue higher further.
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.