Euro / Japanese YenShort
EUR/JPY Technical analysis
The 1 hour chart of EUR/JPY indicates that the pair is currently in sideways trend.
The pair is currently moving towards its upper range limit which is a strong resistance.
The stochastic indicator is also moving towards overbought region.
If the resistance holds, traders can go for a sell.
The pair is currently moving towards its upper range limit which is a strong resistance.
The stochastic indicator is also moving towards overbought region.
If the resistance holds, traders can go for a sell.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.