EURJPY: Long Position Confirmation.
In EURJPY daily time frame chart, an uptrend is ongoing.
Market is recently tested the major structural support of 137.500.
A Bullish Engulfing candlestick is shown after testing structural support.
Bullish engulfing candlestick shows the entry of buyers in the market.
Market is expected to remain Bullish for resistance levels of 143.000 and 148.000.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.
Leave Your Message Now