sesanjoel

EUR-JPY CHART ANALYSIS (Short Term Buy Setup)

Long
FX:EURJPY   Euro / Japanese Yen
A quick 1 hour chart on EUR-JPY gives us an opportunity for a short term buy trade. This set up shows a consolidation above our channel followed by a retest. I believe we should see an easy 100+ Pip rise or more. Possibly a retest on the long term trend resistance as we can clearly see in this chart.

Share your thoughts and ideas in the comment section below, we can all learn from your ideas. And please don't forget to leave a like and follow for more outstanding updates and ideas.

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.