EURJPY
The price broke the downwards trend and started creating new uptrend or sideways trend.
The price touched the resist (support) and bounced to the nearest rejecting zone. If its broken, then the price will move further up, if not , price will come back to the support line and bounce upwards breaking all of the zones.
The price broke the downwards trend and started creating new uptrend or sideways trend.
The price touched the resist (support) and bounced to the nearest rejecting zone. If its broken, then the price will move further up, if not , price will come back to the support line and bounce upwards breaking all of the zones.