EUR/JPY H12 Analysis
After testing and rejecting 162 several times over October, price finally closed below the level during the 3rd week of November.
In the new week, there is potential for price to either retest and reject the level for potential short trades or we may see a retest and continuation upwards if the move lower was a false break
Either way, a retest should give opportunities to trade, if your strategy rules are agreed to.
In the new week, there is potential for price to either retest and reject the level for potential short trades or we may see a retest and continuation upwards if the move lower was a false break
Either way, a retest should give opportunities to trade, if your strategy rules are agreed to.
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