EURJPY is currently showing signs of potential strength, supported by bullish candlestick confirmation indicating a possible continuation of upward movement. In addition, the pair is forming a potential double bottom pattern, further strengthening the bullish outlook in the short term.
If price maintains its position above the recent support level, the upside momentum is likely to continue toward the next resistance area.
Trading Recommendation:
Buy EURJPY
Entry : 176.903
Take Profit : 177.211
Stoploss : 176.660
*DISCLAIMER: All content in daily forex news is informative. PT. Maxco Futures does not guarantee its accuracy and completeness. The company is not responsible for investment losses due to the use of the information contained.
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