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Hello Friends,
Today is Saturday and hope you all are enjoying weekend.
On Thursday my stop loss got hit in EUR/JPY. Now as week has closed and on Friday EUR/JPY has closed near its previous support on daily chart. On Monday I will look into it opportunity to enter into long position. Below is the daily chart of EUR/JPY.
On Friday we have seen EUR/USD as well as USD/JPY also rising if Monday they continue to rise its best for EUR/JPY.
So by looking at formation on daily chart buying is visible from lower levels. From here if it continues uptrend then there is possibility of it trying to touch its latest high of 130.4. So if I get opportunity then I will enter into long position into it with Friday's low as stop loss and target will be of 100 pips.
HAPPY WEEKENDS FRIENDS.
Today is Saturday and hope you all are enjoying weekend.
On Thursday my stop loss got hit in EUR/JPY. Now as week has closed and on Friday EUR/JPY has closed near its previous support on daily chart. On Monday I will look into it opportunity to enter into long position. Below is the daily chart of EUR/JPY.
On Friday we have seen EUR/USD as well as USD/JPY also rising if Monday they continue to rise its best for EUR/JPY.
So by looking at formation on daily chart buying is visible from lower levels. From here if it continues uptrend then there is possibility of it trying to touch its latest high of 130.4. So if I get opportunity then I will enter into long position into it with Friday's low as stop loss and target will be of 100 pips.
HAPPY WEEKENDS FRIENDS.
