EurJpy Continued move to the upside

EurJpy on the monthly level is beginning a new trend because of this we should see EurJpy buy for the whole beginning of next year. Next week we will see the beginning of the week begin with a sell for a pullback on higher time frames but then we will end the week and month to the upside as the monthly candle closure will likely be above the most recent high.

Kommentar:

EurJpy gave us the reaction off the daily level (red line) we were looking for now we hope to see it continue to drop next week to give us a buy entry later on at the beginning of 2021