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Title
EURJPY Potential for bullish rise towards previous swing high
Type
Bullish Bounce
Preference
Looking at the H4 chart, my overall bias for EURJPY is bullish with the current price being above the ichimoku cloud
Looking for price to rise from the pivot where the overlap support is towards the resistance which is the previous swing high.
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Desmond Leong runs an award-winning research firm (The Technical Analyst finalists 2018/19/20 for Best FX and Equity Research) advising banks, brokers and hedge funds. Backed by a team of CFA, CMT, CFTe accredited traders, he takes on the market daily using a combination of technical and fundamental analysis.