SELL EURJPY 130.14
SL: 130.44
TP1: 129.94
TP2: 129.74
TP3: 129.54
Signal Analysis by LCMS Traders
Currency Pair: EURJPY
SELL EURJPY 130.14
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone economic growth forecast for 2021 and 2022 upwards, Inflation revised upwards, JPY: Recommending to declare virus state of emergency in Tokyo
Step 2 - Trend: Down, Trend Following
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 in over sold
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, JPY: -
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