EURJPY is trading in rising channel pattern. According to chart pattern analysis, we might see upside movement on EURJPY towards resistance, as shown in the chart. We might see price trading in channel pattern for some more time. One can initiate short term long side trade in EURJPY with proper risk management and stop-loss.

Thank You.

Vivek_Samale
Vivek_Samale

have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.