EURJPY sell signal
As I said last time, the price returned beyond the resistance level.
In mid-January, the price bounced off the support zone of 125.29.
This zone was formed in June 2020.
After the price broke it during the growth in December, the zone is supporting the price growth.
From the support zone, the price rose to strong resistance.
I tried to break through the level.
After a false breakout, the price dropped again beyond the resistance level of 126.73.
This is a strong level. Despite false breakouts, the price always reversed from it.
Sell can be opened from this position.
SL - 127.42.
TP - 125.17.
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Share your opinion in the comments and support the idea with likes.
Thank you for your support!
In mid-January, the price bounced off the support zone of 125.29.
This zone was formed in June 2020.
After the price broke it during the growth in December, the zone is supporting the price growth.
From the support zone, the price rose to strong resistance.
I tried to break through the level.
After a false breakout, the price dropped again beyond the resistance level of 126.73.
This is a strong level. Despite false breakouts, the price always reversed from it.
Sell can be opened from this position.
SL - 127.42.
TP - 125.17.
--------------------
Share your opinion in the comments and support the idea with likes.
Thank you for your support!
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