Home Analysis EUR/JPY Above 187.321: Advance Returns

EUR/JPY Above 187.321: Advance Returns

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EUR/JPY Above 187.321: Advance Returns

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EURJPY Hourly, Daily And Weekly Candle Charts EURJPY is trading near 187.201 against the daily pivot at 186.415, 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 187.201 has a constructive tilt if the next retest holds. The price-action test is sellers closed the latest candle below its open inside a 187.197-187.283 candle range, the recent sequence is still pressing higher, while price is testing resistance near R1 186.793. The trade idea needs the next hourly close should either defend the reaction zone or expose a false start; In relation to...

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