Wednesday, May 08, 2024

-656 Points reached in EUR/JPY Buy Signal
1 mins well spent

Reason for Buying EUR/JPY : 

EUR/JPY was moving in an uptrend by forming Higher Highs and Higher Lows in Daily Chart.

eurjpy re-testing the breakout level and bouncing up

Finally, market broken the top level of the range and it re-tested the previous breakout level and starts to bounce up.

In EUR/JPY H1 Chart, market broken the top level of the range.

After the confirmation of upward movement, EUR/JPY Buy Signal was given to our members.

+656 points loss made in eur jpy buy signal

We expect continuous upward movement in EUR/JPY, but Market starts to fall down and re-tested the previous breakout level.

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