EUR/JPY Trying to Break Down a Confluence of Support Factors

Posted on 04:27 04/23 by Trading Advantage

Support factors: Referring to the 1H chart, the EUR/JPY is testing/breaking some support factors. 1) 200-hour SMA: not necessarily a “support”, but a representation of mean price action, and therefore can be interpreted as the “fair” price within a sideways market. The 200-hour SMA being flat and…

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EUR/JPY Trying to Break Down a Confluence of Support Factors

EUR/JPY Trying to Break Down a Confluence of Support Factors

Posted on 04:27 04/23 by Trading Advantage

Go here to read the rest:
EUR/JPY Trying to Break Down a Confluence of Support Factors

EUR/JPY Trying to Break Down a Confluence of Support Factors

Posted on 04:27 04/23 by Trading Advantage

Go here to read the rest:
EUR/JPY Trying to Break Down a Confluence of Support Factors

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