EURJPY / H1 / Daily Forex Technical Analysis / 6.11.2019

11. Juni 2019

Hello Traders, welcome to the Daily Forex technical analysis. Today is June 11th, 2019 and we will be taking a look at the Euro against the Japanese Yen. Looking at the 1 hour time we are now looking for a pullback back of the current structure which could be shorted but we will be looking for a profitable long opportunity on the retest of a previous support area near the 122.2 region. Entry for a Long position near the 122.272 area, with a Stop Loss near the area of 121.817, and target profit level area of 123.188 to ensure a profitable trade with a 2.01 to 1 R/R.