EURJPY 30min Analysis March 9th, 2021

Trade Scenario 1: Bullish - For us to go long we want to see price retrace to our key weekly at 129.00. We will then enter long on strong bullish setups off this level, first targeting 129.400.

Trade Scenario 2: Bearish - For us to go short we need to see price break below 128.800. We will then wait for a retrace and for 128.800 to flip as resistance.