EURJPY 30min Analysis February 25th, 2021
After a strong rejection during the NY session price is currently at our key weekly level at 129.400.
Trade Scenario 1: Bullish - For us to go long we want to see price break above 129.400. We will then wait for a retrace and for 129.400 to act as support. Enter on strong bullish setups, first targeting 129.900.
Trade Scenario 2: Bearish - For us to go short we are looking for a strong rejection off our weekly of 129.400. We will look to enter on strong bearish setups, first targeting 129.00.
Trade Scenario 1: Bullish - For us to go long we want to see price break above 129.400. We will then wait for a retrace and for 129.400 to act as support. Enter on strong bullish setups, first targeting 129.900.
Trade Scenario 2: Bearish - For us to go short we are looking for a strong rejection off our weekly of 129.400. We will look to enter on strong bearish setups, first targeting 129.00.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.