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EURJPY 4hour Analysis October 23rd, 2022

Long
FX:EURJPY   Euro / Japanese Yen
EURJPY Bullish Idea

Weekly Trend: Bullish
Daily Trend: Bullish
4hour Trend: Bullish

Trade scenario 1:EJ is looking closer to a long scenario than anything else. We need to see a higher low above this minor level 146.250 with some bullish variations then we’re long.

Trade scenario 2: Another scenario is EJ falling back to our 144.000 zone where we will have to re-analyze and look for a bounce or break from that level.

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