Eur / Jpy pair for the week closed bearish. But for the next week, it seems like I will focus on buying in the area of resistance to support (RBS) and the formation of small demands including (gray box). See, in painting a trendline I make sure there are reflections in the area of 109,500 to 109,600 with a target in the nearest supply 120,900 to 121,100. Our focus is just buy.
Signal:
Buy limit 109,500
Stop loss 109,200
Take profit 120,900
Assumptions are in the supply area of 120,900 to 121,100
The estimate is likely to run towards take profit 1 week to 2 weeks.
Linkback: https://www.forex.zone/trading-signals/23/eurjpy-signal/2876/