Home Analysis EUR/JPY Turns Into 182.121 with Confirmation Needed

EUR/JPY Turns Into 182.121 with Confirmation Needed

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EUR/JPY Turns Into 182.121 with Confirmation Needed

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EURJPY Hourly, Daily And Weekly Candle Charts EURJPY is trading near 182.164 against the daily pivot at 181.555, 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 182.164 has a constructive tilt if the next retest holds. The price-action test is sellers closed the latest candle below its open inside a 182.133-182.214 candle range, the recent sequence is still pressing higher, while price remains above pivot 181.555. The trade idea needs the next hourly close should either defend the reaction zone or expose a false start; In relation to invalidation, a...

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