obfarmer

EURJPY Has Several Opportunities In Uptrend

Short
FX:EURJPY   Euro / Japanese Yen
If it breaks this resistance at 128.850 with a 4hr candle closing bearish then we could short it and take profit when it retracts to the 126.800 level. Then there may be a Long opportunity if we see a bullish candle close above the trendline in the chart.

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.