Ch-artwork

EUR in a good buy against JPY Yen

Long
FX:EURJPY   Euro / Japanese Yen
After EURJPY breaking through strong resistance at 158.000, foresee market would agree its price continue breaking higher highs.
However, JXY seems to have pull back next week, buyer would start collecting Yen at JXY support price, expecting EURJPY would fall to below 158.000 zone in short term.

170.000 next?


I drew chart to make a living!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.