EURJPY buy trade idea 09 06 2021

#OPINIONLEADER# #Signal#

BUY EURJPY 133.43

SL: 133.13

TP1: 133.63

TP2: 133.83

TP3: 134.03

Signal Analysis by LCMS Traders 

Currency Pair: EURJPY

BUY EURJPY 133.43 

Timeframe: H1

Step 1 - Previous News: EUR: Eurozone and German ZEW economic decline in the level of optimism, JPY: Economy Watchers Sentiment slight decline

Step 2 - Trend: Across, Counter Trend

Step 3 - Support/Resistance: Breaking Through Resistance

Step 4 - Indicators

- Bollinger Bands: touch 

- MACD: both up

- Stochastic: H4 heading up

- PSAR: bullish

Step 5 - Upcoming News: EUR: -, JPY: -