On H4 chart, EURJPY managed to break the previous high and created a new demand zone around 155.550-156.840 levels. On H1 chart, I highlighted two interesting demand zones: one around 38% fib (157.880-158.330) and the second zone around 61 and 78% fib (155.980-156.910). If price tests one of these zones and shows enough bullish evidence, we go long. …
Author: Khalid
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On the H4 chart, price retested the demand zone around 1.04460-1.04630 and showed some bullish evidence to the upside. If this zone holds and price continues to show bullish momentum, …
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