Euro / Iene JaponêsAtualizado

EURJPY looking up 🦐

EURJPY on the 4h chart after a few test of the daily support at the 140 level started a love to the upside.

The price attempt a few times the break of the structure at the round nu,ber level without any success and after the last impulse the market retraced at the 0.382 Fibonacci level and is currently trading below a minor resistance area.

How can i approach this scenario?

I will wait for the EU market open and IF the market will break above i will set a nice long order according to the Plancton's strategy.
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snapshot the market moved as expected and is testing already the 143 area
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snapshot higher high and 200 pips delivered
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snapshot possible approach to the higher resisatance
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snapshot testing a confluence area
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snapshot new resistance rejection
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snapshot perfect test of the 50%
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snapshot testing the resistance now
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snapshot more than 3% and new higher high
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snapshot 500 pips and new recent high
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snapshot new recent high
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snapshot test of the resistance
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snapshot still testing the daily resistance

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