UnknownUnicorn691562

EURJPY potential demand zone.

Long
FX:EURJPY   Euro / Yen Japonais
As you can see on the EURJPY chart, the price has been trading respectively within the defending channel. The what was once a price where we were met with sellers (supply zone) has became an area of demand. Volume will be low over the next day due to US markets being closed however much anticipated EUR news is to be released and in low volume trading the swing up or down could be tremendous and add to volatility.
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