hello traders! BloomFX wishes you a happy and fulfilling New Year! EURJPY has reached the trend line formed in the last 12 years from which it rejected! judging by the pattern made in all these years, I expect the pair to keep the downward trend and in the coming weeks to test again the value of 120,900 or even 118,000! however, I will wait for the market to open and enter the sell at the first close for 1 day under 127,000
NOTE: this pair may be influenced in the short term by any news about the vaccine or Brexit! GREAT ATTENTION: our analyzes have an accuracy of over 80% but due to market manipulations during this period we will avoid putting exact values on SL! we also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
and please don't forget ....This is just a trend analysis! Please, give a LIKE if you find this idea useful!* *This information is not a Financial Advice.