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FX.co ★ EURJPY, H4 | Potential upcoming reversal from key resistance

EURJPY, H4 | Potential upcoming reversal from key resistance

EURJPY, H4 | Potential upcoming reversal from key resistance

We're seeing price rise towards major swing high resistance at 1.4639 where price had reacted from multiple times in the past. A reversal from here could see prices drop to our take profit target of 1.4550 which is a pullback support.

If price were to break this level, the next key resistance would be 1.4686

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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