Abu-Sushi

EURJPY path and direction

OANDA:EURJPY   Euro / Japanese Yen
Hello everyone
Eurjpy started a uptrend channel in May 2020
In September 2020 Eurjpy broke this uptrend channel however price is trying to get back into the channel
This could signal a fake breakout however we could drop to the next demand zone
This area in Circle on the trend line is very powerful level watch for reversal in shorter time frame for safe long
for any question please ask :) and good luck

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.