Potential retest for EURJPY on the 4h

Hi Traders

Potential retest of the former resistance on EURJPY on the 4h timeframe. Stop could be placed just below 124.000 a clear psychological level.

This could be a nice start into the week. If you are awake at the opening, look out for price action on the lower timeframe in the retest-area to get a clue if that level will hold or not. For just entering a limited order this might be a bit risky as the effects of the weekend and the overall sentiment of the markets are not known now.