EURJPY H4 | Bullish bounce off overlap support

BY admin admin

TitleEURJPY H4 | Bullish bounce off overlap supportTypeBullish BouncePreference:Price is close to the pivot point at 156.723 and could potentially reverse to bounce higher to hit the 1st resistance at 158.887.Alternative scenario:If price breaks below the pivot point, it could hit the 1st support at 155.188.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

Economic calendar in Asia for Wednesday, 23 August 2023 – flash PMIs kick off

<p>Yikes, those expectations for the PMIs are not a pretty picture, for Australia or Japan. Japan services doesn't have an expectations survey (that I have seen) but I suspect it'll ho

Forex

European equities a little softer at the open

Slightly softer tones as the cash market gets going – Eurostoxx -0.3% – Germany DAX -0.3% – France CAC 40 -0.4% – UK FTSE -0.5% – Spain IBEX -0.7% For bank trade ideas, c

Forex

Australia agreed to ensure a stable supply of energy resources such as LNG, coal to Japan

<p>Japan's Economy, Trade and Industry Minister Yasutoshi Nishimura met in Melbourne with his Australian counterpart Don Farrell for the fifth Japan-Australia Ministerial Economic Dialogue.

Copyright © 2024 | WordPress Theme: Xews Lite