EURJPY buy trade idea 29 07 2021
BUY EURJPY 130.29
SL: 129.99
TP1: 130.49
TP2: 130.69
TP3: 130.89
Signal Analysis by LCMS Traders
Currency Pair: EURJPY
BUY EURJPY 130.29
Timeframe: H1
Step 1 - Previous News: EUR: -, JPY: -
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Breaking Through Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both up
- Stochastic: H4 heading into over bought
- PSAR: bullish
Step 5 - Upcoming News: EUR: ECB Monetary Policy Meeting Accounts tentative timing, JPY: Unemployment Rate tomorrow 0730hrs
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