EURJPY – Potential


EURJPY            

Ridiculous 4.23R set up on the way with EURJPY             .

After finishing the miss trades overview. We are coming to Untested support. What normally happens round these areas? A very high probability set up. With a double confluence set up (3 including (Untested). 0.236 inline with the highs as well, which is lovely to see. Stop is placed underneath the next set of lows. I will be waiting for a clear buying pressure from this area. So, if there is a signal in this . This level should hold with anticipation of protection of this level with projections of taking price much higher, especially with EUR showing serious strength and I am seeing a trend change in all xxxusd pairs. With DXY             failing hard at the highs with a spectacular triple top and even UJ finally correlating with the dollar.

Do not take this trade if levels shown don’t hold. We will see!

By admin