Can EURJPY break range?
We can see in EURJPY chart that it is in range and does not have the power to break the range to upside or downside.
In these situations we face price manipulations such as liquidity sweeps.
I expect an upside push. it can continue to push upward or gets rejected and reverse to retrace.
I myself see EURJPY VERY expensive at this price. I expect a push upward if it gets rejected I will have short to price 161.00 and even lower.
If it continues to push further I will have long positions after pullback.
In these situations we face price manipulations such as liquidity sweeps.
I expect an upside push. it can continue to push upward or gets rejected and reverse to retrace.
I myself see EURJPY VERY expensive at this price. I expect a push upward if it gets rejected I will have short to price 161.00 and even lower.
If it continues to push further I will have long positions after pullback.
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