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Euro/Japanese Yen Trading Signal - EURJPY
Forex Market Price Signals and Analysis
Good evening Traders,
At the close of the week, on November 4, Lift-Off offers us a LONG trading signal on EUR/JPY.
Below the chart of EURJPY - with the signal detected by Lift-Off
The currency cross created a bullish candle after a price swng that came to rest on the 144 JPY level, former resistance level now turned support, reacting with a candle that crosses the green Lift-Off band
There is room to reach the highs and the upper volatility deviation, so we signal this trade, also due to Japan's weak monetary policy.
Signal board of November 04, 2022
LONG - EUR/JPY
Input price: 146.058 JPY (current market price and valid any price until tomorrow)