Weekly Analysis 29/04/2022

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: R1: 137.5
From the daily chart, the price has retraced after it broke the top of the Bollinger Band. Traders can trade long position to take profit from trend continuation.

TRADING TIPS


Long Position

135.5

137.5

133.5