Euro / Yen JepangPenjualan
EURJPY bulls running out of fuel
After a prolonged period of escalating prices, the EURJPY exchange rate is presently in a phase of consolidation. This trend has persisted since the commencement of September 2023, characterized by a relatively constrained trading range. Notably, recent developments suggest that the bullish sentiment has failed to propel the price to fresh highs, despite earnest endeavors.
In light of these circumstances, an auspicious opportunity arises for us to initiate a short position, offering a Risk-Reward Ratio (RRR) of nearly 2:1. Our objective is to exploit selling liquidity within the vicinity of the lower boundary of the consolidation range.
In light of these circumstances, an auspicious opportunity arises for us to initiate a short position, offering a Risk-Reward Ratio (RRR) of nearly 2:1. Our objective is to exploit selling liquidity within the vicinity of the lower boundary of the consolidation range.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.