ForexKei-Official

EURJPY in continuously bullish trend

Long
FX:EURJPY   Euro / Japanese Yen
Comment:

EURJPY continuously bullish by Daily timeframe as per below Ichimoku confirmations. Now H1 shows box range (yesterday was P wave). Please refer to below scenario.

Ichimoku Trend Analysis:

- Kumo (Senko span A) up. Kumo itself is getting thicker.
- Kijun sen up
- Chiko Span above candles

Next Scenario:

After P wave yesterday on H1, now market is forming Y wave as well as box range for the last 2 days. There still is a potential breakout of a new resistance from yesterday at 134.125. Better wait for Tenkan Sen and Kijun sen gold cross to confirm a potential breakout in H1.

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