Downloading...
Euro / Japanese Yen
Long

DeGRAM | EURJPY break above the channel

572
EURJPY is making higher highs and higher closes on the 4 hourly chart, indicating a bullish trend.

The market broke and closed above the reaction zone, which is the support level.

We expect a breakout of the level, a pullback to it, and then a continuation of the trend since the major trend is bullish.



-------------------

Share your opinion in the comments and support the idea with like. Thanks for your support!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.