Euro / Yen Jepang
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EURJPY, BOJ didn't increase the rates

EURJPY / 1D

Hello Traders, welcome back to another market breakdown.

EURJPY is showing strong bullish momentum after the BOJ's decision not to increase rates, breaking through key resistance levels and signaling a potential continuation to the upside. However, the price is making new highs for now. Hence, instead of jumping in at current levels, I recommend waiting for a pullback into the breakout zone for a more strategic entry.



If the pullback holds and buying confirms, the next leg higher could target:

First Resistance: Immediate levels formed during prior consolidation.


Stay disciplined, wait for the market to come to you, and trade with confidence!

Trade safely,
Trader Leo.
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Update: cuplikan

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