The EUR/JPY might make a possible bounce in the zone as the price is supported by historical buying.
The EUR/JPY might make a possible bounce in the zone as the price is supported by historical buying.
We might see a nice move in EUR/JPY as the price is in the POC zone. If 127.00 stays strong we could see rejections between 127.10-128.00 and the market might go up. If that happens, targets are 130.45, 131.30, and 132.26. This is a possible swing trade idea and it can take some time to develop.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. On average around 80% of retail investor accounts loose money when trading with high leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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