VasilyTrader

EURJPY: Bullish Outlook Explained 🇪🇺🇯🇵

Long
OANDA:EURJPY   Euro / Japanese Yen

This week, EURJPY broke and closed above a key daily structure resistance.
After a breakout, the broken structure turned into support and was retested.

Retesting that, the market started to consolidate within a horizontal range
on a 4h time frame.

A bullish violation of the resistance of that range is an important
intraday bullish confirmation and sign of strength of the buyers.

I think that growth will continue next week at least to 171.0 level.

❤️Please, support my work with like, thank you!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
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.