EURJPY is taking support at the support line and making lower high as you can see in the chart. If it breaks the down trendline 1, we might see EURJPY move towards the down trendline . 2. As pair is trading at trend line 1, it has a high chance of moving towards trend line 2. One can initiate a long position on EURJPY if breakout on the upside from trend line 1.

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Vivek_Samale
Vivek_Samale

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