EUR/JPY Strength Into 186.429 with Follow-Through Watch
Research preview
EURJPY Hourly, Daily And Weekly Candle Charts EURJPY is trading near 186.423 against the daily pivot at 186.330, so the chart set below separates the intraday reaction from the daily close and the wider weekly position. EURJPY H1 candlestick chartAcross the hourly tape with price near 186.423 needs range acceptance before the signal improves. The price-action test is buyers held the latest candle above its open inside a 186.376-186.465 candle range, the recent sequence is compressed and two-sided, while price remains above pivot 186.330. The trade idea needs the next hourly close should either defend the reaction zone or expose a false start; In relation to invalidation, a break back...
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