EURJPY - Slowly back up to 124 before the drop to close the wick

22 ביוני 2019

After a few good rejections in the low 121 range, we're going up again. I'm expecting a repeat of the 2019 ascending channel before the drop. Intraday you can look to buy any pullbacks towards 124. A 3rd touch of the upper channel (blue) with a rejection will encourage me to short this pair with a TP of around 122 and TP2 or 120.