EURJPY: Classic Trend Following Setup ๐ช๐บ๐ฏ๐ต
https://www.tradingview.com/x/qTcOcipD/
EURJPY is trading in a bullish trend.
After the price set a new higher high on a daily,
it retraced to a key daily horizontal support.
Test of structure made the pair start consolidating.
The market started to coil within a narrow horizontal trading range.
The resistance of the range was broken today.
It is the important sigh of strength of the buyers.
We can anticipate growth at least to 160.85 level.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
EURJPY is trading in a bullish trend.
After the price set a new higher high on a daily,
it retraced to a key daily horizontal support.
Test of structure made the pair start consolidating.
The market started to coil within a narrow horizontal trading range.
The resistance of the range was broken today.
It is the important sigh of strength of the buyers.
We can anticipate growth at least to 160.85 level.
โค๏ธPlease, support my work with like, thank you!โค๏ธ
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