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francesgurton

EURJPY - Long

Long
Euro / Japanese Yen (FX:EURJPY)  
francesgurton  
FX:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns EUR jpy EURJPY LONG Support and Resistance support
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4
trendanalysis chartpattern eur jpy eurjpy long supportandresistance support
EURJPY has touched its support zone (123.15) once again.

Previously, the price has reached support and rejected, turning bullish and reaching its resistance zone again.

After reentering its support zone, I believe the price could reject this region and turn bullish heading back to resistance.

Before taking this long trade, I will look for clear confirmation of rejection at support (closed 4H bullish candles).
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