EURJPY Analysis (31st May 2024)

EURJPY Analysis(1HR TF)

Price is at 1 hour Bearish OB Key level.

BUY/SELL SCENARIOS:

🟢BUYS: Price breaks above the 169.979 level with a body candle close. If this happens. A retest of the Failed 1 hour OB to Buy to target 170.251 first before targeting 170.800.

🔴SELLS: Price Dumps below the 169.734 level with a body candle close. This creates a bearish Pattern to continue to look for sells targeting the 169.400 level.