EURJPY, A possibility of lower high?

EURJPY / 1D

Hello traders, welcome back to another market breakdown.

EURJPY is trading in a down trend on the daily time frame, making new lows new lower lowers.

The price has been in a deep pull-back. It's very often where the price takes the stops above weak lower highs then continue the trend.

Trade safe,
Trader Loe.

Kommentera:

Let me know your thoughts traders.

Kommentera:

Missed the level but the Bais is correct