FX:EURJPY   Euro / Japanese Yen
Price made a strong reaction once tapping 132.000 strong weekly support, now price looks to be respecting support level 133.100 on the daily, so I will be watching for a break of the CTL for potential longs up to 134
Comment: Daily
Comment: rejected off the trendline, could see a short term shorts come In play
Comment: sniper entry
Comment: Update.
Please don't play with us
+1 Reply
eazywayout pasinduchamod
@pasinduchamod, my bias changed since price did not break the counter trendline...
+1 Reply
eazywayout pasinduchamod
@pasinduchamod, with all trades I require more confirmation before even thinking of entering
+1 Reply
There is a minor support 15 pips away. Trend line between last two lows. A triangle forming, I will wait to see which way it breaks
+1 Reply
@MicKi, nice what time frame are you looking at for a breakout?
Reply
MicKi eazywayout
@eazywayout, 4H but if there is a clean breakout to the upside on 2H I think I will take it. Japan missed expections both GDP YoY and GDP QoQ earlier today. I am not sure if I am very interested in a break on the downside
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