EURJPY Waiting for a Long

2023년 5월 4일

The ECB raises interest rates and what does the euro do? It drops drastically, especially against the EURJPY exchange rate, as we have the yen as the second safe haven currency after the CHF. My objective is to wait for the price to reach the 146.50 zone where there is an excellent demand zone. The area was identified through the 3H + 45M strategy. We will see if the market meets expectations. The objective is Long with a target of 150.

Let me know your thoughts.

Good trading to everyone.

Forex48 Trading Academy