EURJPY 30min Analysis April 8th, 2021

Trade Scenario 1: Bullish - For us to go long we need to see price break above edge of value at 130.300. We will then wait for a retrace and for 130.300 to act as support. Enter on strong bullish setups, first targeting previous highs around 130.650

Trade Scenario 2: Bearish - For us to go short we need to see price reject off 130.300. We will then enter on strong bearish setups, first targeting our edge of value at 130.000.