Potential to PULL UP EUR/JPYat Major Support at 146.50-146.30
Hello Fellow Traders,
As per my personal review and analysis of EUR/JPY, I have identified a potential selling opportunity as the pair faces strong resistance at the 148-148.50 levels. I have entered a short position at 148.50 and am currently holding it.
My analysis also indicates that there is major support at 146.50-146.30, which could lead to a potential pullback and a chance to enter a long position.
NOTE, it is essential to consider other important factors such as fundamental analysis, market sentiment, and risk management when making trading decisions.
YOUR TREND is YOUR FRIEND!!
Happy Trading & Keep Safe!! 🙏
As per my personal review and analysis of EUR/JPY, I have identified a potential selling opportunity as the pair faces strong resistance at the 148-148.50 levels. I have entered a short position at 148.50 and am currently holding it.
My analysis also indicates that there is major support at 146.50-146.30, which could lead to a potential pullback and a chance to enter a long position.
NOTE, it is essential to consider other important factors such as fundamental analysis, market sentiment, and risk management when making trading decisions.
YOUR TREND is YOUR FRIEND!!
Happy Trading & Keep Safe!! 🙏
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