Daily Analysis 11/11/2021

DAILY ANALYSIS

Traders can follow economic events or news which may affect the trend of this pair, to adjust on trade position.

 

DAILY EUR/JPY

Support & Resistance: S1: 130.5
From the daily chart, price is supported above the support level.

 

H4 EUR/JPY

Support & Resistance: S1: 130.5
From the H4 chart, the price above the support level, traders can take a long position if the price holds above this level.

TRADING TIPS


Long Position

130.9

131.6

130.1