Bearish Scenario: Sales below 5220... Bullish Scenario: Buys above 5225 (if price fails to break below decisively) ...
EUR/JPY is in doubts
2019-11-11 • Updated
On H1 of EUR/JPY, the pair rebounded from lows at 117.80 and moved up. However, the pair touched the resistance at 118.43, that may prevent the further rise. A move up may be confirmed if the pair breaks above 118.59, the target will be located at 118.80.
If the situation changes, the slide may be expected at 118.20 with the aim at 118.02. In the case of the breakthrough, pay attention to the level of 117.80.
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...