EURJPY - Daily - It doesn't like that bottom line.
How many times is it planning to test that bottom?
It clearly is not a fan of selling off. This ranging market can be seen a bit annoying, because there is no clear understanding, where does it want to go.
Currently looking for a re-test of 133 level and then maybe higher. That's why I will be a BUYer for now.
If this pair somehow will manage to get below 131, then it opens the route for even lower targets like 129 and we are lucky - the 200 MA.
Stay sharp an keep an eye on the price action
It clearly is not a fan of selling off. This ranging market can be seen a bit annoying, because there is no clear understanding, where does it want to go.
Currently looking for a re-test of 133 level and then maybe higher. That's why I will be a BUYer for now.
If this pair somehow will manage to get below 131, then it opens the route for even lower targets like 129 and we are lucky - the 200 MA.
Stay sharp an keep an eye on the price action