HEIKOTradingSystem

Mar 1, 22 EUR/JPY one year low-Buy Opp?

Long
FOREXCOM:EURJPY   Euro / Japanese Yen
Looking at the Daily chart, EUR/JPY has touched a one year low today. Will it keep going lower? Or is this a good time to get into a Buy Opportunity?

We will still need to look at the next few days to see what's in store for price action movement. As in my system, I will be looking for a Bullish Divergence Candle to confirm a good entry point for a Buy opportunity.

I will keep you posted.

Heiko

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