EURJPY

Based on 4hr and daily chart, support has been given, where price is held up and has failed to break previous lows (wicks).Accumulation has been identified in all previous lows and the entry given is where price can recover and push up further. From an economic perspective, a lot of instability in Europe has been produced due to coronavirus. Japan has gone through a recession, which makes their economy unstable.g Given this fact, it could take time for price to push up but overall, i see a bullish market. Look for price action and enter trade.

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