EURJPY | Technical Analysis
Aktualisiert
In the last analysis we achieve the target
Now it is side way, In long-term EURJPY is bearish until @131
So we are supposing it will go down from here, because right now it is on resistance trendline.
If it show breakout then buy on retracement, else we are in long bearish cycle for target @127
News:
JPY news is not impactful
EUR news is impactful but does not have big data, due to which it is in favor of EUR
EXY is bullish yet, but in next few days bearish momentum expected
Now it is side way, In long-term EURJPY is bearish until @131
So we are supposing it will go down from here, because right now it is on resistance trendline.
If it show breakout then buy on retracement, else we are in long bearish cycle for target @127
News:
JPY news is not impactful
EUR news is impactful but does not have big data, due to which it is in favor of EUR
EXY is bullish yet, but in next few days bearish momentum expected
Kommentar
We are now facing trendline resistance, if 1H candle close above trendline, we will buy on retracement only when lowest candle close above trendline. (Breakout)If it break trendline and fall back below trendline, we will open sell position. (Fakeout)
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