EURJPY waiting for the buy setup to form

2020년 6월 17일

on DAILY: EURJPY is approaching a demand zone and retesting our brown trendline so we will be looking for objective buy setups on lower timeframes.

on M30: EURJPY is forming a trendline in red (not valid yet) so we are waiting for a third swing to form around it to consider it valid and then enter on its break upward.

meanwhile, until the buy setup is activated, we would be overall bearish on EURJPY