Chart EUR/JPY H1 Chart
EUR/JPY made a strong bearish move on the H1 chart yesterday. The chart shows that it made a breakout at yesterday’s lowest low today. As of writing, the last candle closed well above the breakout candle. A short entry is triggered at 116.370. The price may head towards the South and find its next support at around the level of 115.255 area.
Let us have a look at the trade summary
Entry: Sell at 116.370
Stop Loss: Above 117.640
Take Profit: 115.255