Eurjpy H1 forecast

4 בנוב׳ 2024

In EUR/JPY, we are currently watching for a potential reversal move. Generally, price is expected to break lower liquidity and may initiate a buy move from the POI zone afterward. On the H1 timeframe, we can see that the price respected the first FVG and created a second one. We expect that the price may respect this new FVG and start a downward move in a potential reversal.