wealth_compass

EURJPY - Trend Changing?

Long
FX:EURJPY   Euro / Japanese Yen
Long term downtrend with short term bullish momentum.

Price gap up today and hit the long term downtrend channel (orange channel).

We should continue to monitor on whether the resistance line would hold.

Short term wise, i would look for long opportunities using the Lazy Trend System.
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.