EURJPY | Technical Analysis

• EUR news is positive
  
• Bearish momentum losing power in 4H channel
  
• MACD Crossover buy signal approx. nearby
  
• Stoch Oversold & Buy signal
  
• Doji in 4HR
  
• Down Channel Support & Resistance is formed
  

Current TP is @129, if breakout happen next TP will be 130
SL 128.4, below the strongest support 128.45.

Kommentera:

Unfortunately, SL hit, but SL is still with bottom support line.
Analysis is still valid until breakout.