Euro / Yen Jepun
Singkat

Lingrid | EURJPY short from PSYCHOLOGICAL level

1163
The price perfectly fulfills my last idea. It hit the target. The price broke through the psychological level at 161.000 before pulling back. Overall, EURJPY is in a bearish trend, with the price consistently making lower lows and lower closes. I anticipate that the price may rise to retest the channel boundary, trendline, and resistance before continuing to decline and making lower lows. On the daily timeframe, the price filled the gap and then moved above the previous day's high, which could be a false breakout. Consequently, I expect a decline from this level, followed by a retest of the support. My goal is the support level at 159.500

Lingrid | EURJPY test of the MAJOR Resistance ZONE. Long


Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻

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