Hello my dear friends,
EURJPY will high likely consolidate around the resistance area , and we would sell the market for lower levels after any break of apparent support.
As an alternative scenario:
Of course if market consolidated for a long period without showing any tendency toward lower levels, we will buy the market and target the next resistance level:
I'm more biased toward the first scenario, but good trader should always be prepared for multiple scenarios !!
If you like our analysis, join our Telegram channel for more signals, the link is in the status.
Good luck and happy trading!
EURJPY will high likely consolidate around the resistance area , and we would sell the market for lower levels after any break of apparent support.
As an alternative scenario:
Of course if market consolidated for a long period without showing any tendency toward lower levels, we will buy the market and target the next resistance level:
If you like our analysis, join our Telegram channel for more signals, the link is in the status.
Good luck and happy trading!