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MrJunaidShahid

EURJPY | Technical Analysis

Long
Euro / Japanese Yen (FX:EURJPY)  
MrJunaidShahid Updated   
FX:EURJPY   Euro / Japanese Yen
Trend Analysis tecnicalanalysis
3
0
trendanalysis tecnicalanalysis
  • EUR news is positive
  • Bearish momentum losing power in 4H channel
  • MACD Crossover buy signal approx. nearby
  • Stoch Oversold & Buy signal
  • Doji in 4HR
  • Down Channel Support & Resistance is formed

Current TP is @129, if breakout happen next TP will be 130
SL 128.4, below the strongest support 128.45.
Comment:
Unfortunately, SL hit, but SL is still with bottom support line.
Analysis is still valid until breakout.
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