EURJPY at Descending Channel Support

EURJPY at Descending Channel Support

EURJPY at Descending Channel Support after a sharp downward movement. We can see current price level near a role reversal area from here we can expect some retracement. Moving average suggest only short on EURJPY as golden cross appeared on daily chart.

 

Key Points-

– Descending Channel Support

– Role Reversal Area

– Golden Cross

 

H4

EURJPY at Descending Channel Support

Daily

EURJPY at Descending Channel Support