EURJPY Channel Setup

2020년 7월 31일

EURJPY is in uptrend channel in which Bulls are with total control. However, we are have a major resistance point at 124.250 level. We might have a bigger pressure from bears and watch a channel break to a rectangle pattern channel or even a price reversion. If bears take control it could be possible that the price retests the 116.78 support level.