EURJPY short view 1H TF support and resistance zones
This EURJPY chart shows how the pair makes a pullback from the resistance zone and how it bounces off the support zone.
EURJPY is breaking below the trend line, which is an additional sign for us to continue the pullback towards the lower support zone. Our first target is the previous low at 135,550, then 135,000 as a psychological level, and our last target is in the lower zone 134,200-134,500.
EURJPY is breaking below the trend line, which is an additional sign for us to continue the pullback towards the lower support zone. Our first target is the previous low at 135,550, then 135,000 as a psychological level, and our last target is in the lower zone 134,200-134,500.
