LONG EURJPY

٢٩ يونيو ٢٠٢٢

In the EURJPY chart, the resistance area has been drawn touched 3 times. This level is also consistent with the 161.8% level of the drawn Fibonacci. Due to the broken roof of the channel , we expect the price to pull back to this level and have a significant movement in accordance with the figure. In this case, you can LONG on the top line of the channel and put the stop loss below this line