UnknownUnicorn15614419

EURJPY: what will be the price movement after the correction?

Short
FOREXCOM:EURJPY   Euro / Japanese Yen
The main price movement for the last two months has been between the levels 126.7 and 125.0. At the same time, there were two false breakouts of the upper level, which formed another price zone 127.4, but so far we are not interested in it.
Correction level 125.9 was formed within this interval. The price just reached it and started to rise. It will rise to the level of 126.7 and then continue to fall to the level of 125.0.

Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments.
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.