Chart in Focus: Daily EURJPY
The EURJPY formed a pin bar fakey combo buy signal on October 16th which we discussed in our members' market update that day. This signal implies that price could potentially push higher, up and away from the key support near 135.75. We see the horizontal level up near 138.00 as the next resistance in this market and if bullish momentum takes hold this week, we could see price challenge that level.
The EURJPY formed a pin bar fakey combo buy signal on October 16th which we discussed in our members' market update that day. This signal implies that price could potentially push higher, up and away from the key support near 135.75. We see the horizontal level up near 138.00 as the next resistance in this market and if bullish momentum takes hold this week, we could see price challenge that level.
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