EURJPY traded in an ASCENDING CHANNEL throughout last week. The bulls are still very strong hence there is no reason to want to sell.
Since we go with the flow, we will be hunting for buy opportunities around the support levels denoted by 'S'.
If price does break through our channel either to the up or downside, we will do a reset to our analysis and re-analysis.
Since we go with the flow, we will be hunting for buy opportunities around the support levels denoted by 'S'.
If price does break through our channel either to the up or downside, we will do a reset to our analysis and re-analysis.