ForecastCity_ME

ðŸ’ĄDon't miss the sell opportunity in EURJPY

āļĨāļ”āļĨāļ‡
FX:EURJPY   āļĒāļđāđ‚āļĢ / āđ€āļĒāļ™āļāļĩāđˆāļ›āļļāđˆāļ™
Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (124.850).
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 downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 30.

Take Profits:
TP1= @ 124.250
TP2= @ 123.850
TP3= @ 123.150

SL: Break Above R2

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