Trading EUR/JPY

I can see two scenarios here – the basic (1) and alternative (2).

 

i see the down scenerio as most probably since the daily chart is abit more bearish in my view esp if it breaks the 133.60 area

 

> I can see two scenarios here – the basic (1) and alternative (2)

So it might go up or it might go down?

 

I think that the price will reach 132.70 level. After that, the price return to the level of 131.50 or further.

 

I think that EUR/JPY asset will go up.

 

I think that EUR/JPY asset will go down.

 

I think that EUR/JPY asset will go up.

 

Good analysis, I see eurjpy has similar movement with eurusd for today which occur bullish pattern , weekly timeframe also this pair has tendencies to up trend

 

I think that EUR/JPY asset will go down.

 

Maybe, but I think also need carefully, in my opinion on these area price on support area and few day on daily timeframe pair move on correction time, stil also have possibility to bullish , use margin wisely