BillionsFx
Short

EURJPY SETUP - BULLISH EURO,POSSIBLE NEW SWING LOWS?

FX:EURJPY   Euro / Japanese Yen
Bullish price action may see new swing lows @ 106.989 area in a few weeks?
as the pair has consecutively made Lower highs and lows.
1) Break and retest of trend line
2)strong resistance levels @ 114.467 area
+ downside moving averages
for further confluence for continuation of bullish trend conformation
3) Daily candle closed as an bullish engulfing previous days
+ broken and closed daily below resistance 114.467 area
4) If resistance holds @ 114.467 zone and price breaks 113.847
warrant shorts
5) Target 1 @ 112.354
6) Target 2 @ 110.939
7)Target 3 @ 109.231
3) Bearish engulfing sorry *
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Get Help Ideas Published Followers Following Private Messages Chat Sign Out