EUR/JPY LONG ?

5 Jul 2020

For EUR/JPY price has been making higher highs and higher lows but it found some support and resistance where it started to range between the two black lines. If price can break my range resistance with some bullish momentum I will be expecting that range resistance to become support which price will use that level as a push. If we can break that level of resistance and re-test it as support and support is holding then i will go down to a smaller time frame to monitor price action (I use small time frames such as the 15 min and 30 min for entries)