EURJPY: Break and retest entry

26 באפר׳ 2021

Good morning all, as we can see EURJPY is currently retesting the same key level which shows there is a large number of bulls trying to enter the market.... However, let's not have itchy fingers and place a buy order on the break... I say we wait for a retest and failure for bears to push the market back below the current key level will give me a solid sign that price will move in our favored direction. I will enter twice should both opportunities arise.