Trading suggestion:
There is a possibility of the uptrend. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
EURJPY is in a range bound and the beginning of uptrend is expected.
The price is above the 50 & 200 EMA.
The RSI near 50.
Take Profits:
TP1= @ 123.595
SL= 122.838
Risk reward ratio = 1 : 1.23
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There is a possibility of the uptrend. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
EURJPY is in a range bound and the beginning of uptrend is expected.
The price is above the 50 & 200 EMA.
The RSI near 50.
Take Profits:
TP1= @ 123.595
SL= 122.838
Risk reward ratio = 1 : 1.23
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️