Will EURJPY test 124.3? or taking small break 120.4? Interesting

EURJPY

- At this very time of this study, the trading still undecided to break the current R1/S1. The current relative positive sentiment might trigger a minor #Uptrend that will test R2 124.3. When it fails to break R1 than short position will be preferred as it will try to reverse down to 120.4
- Long position will be preferred if Gann fan 8/1 break,
- If S1 failed, the trend would slightly go #Sideways.
Interesting momentum, a crossroad. :)

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Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal account.