PropSignals

EURJPY Long Term Directional Bias still long

Long
FX:EURJPY   Euro Fx/Jen Japoński
**Monthly Chart**

The long-term Directional Bias on the Monthly timeframe is still Bullish. However, the pair is approaching July -Aug of 2008 and I am expecting a liquidity grab around that area between 168 and 170 level. Then I might consider shorting at the high levels. But for now, the bias is still long.

**Weekly Chart**

On a weekly time frame, the pair have clearly been in a bullish trend since May 2020. There were good trading opportunities as the price is trending up.

**Daily Chart**

On lower time frames, there were good trading opportunities to buy this pair. This includes this week (21st Nov) and the price moved around 150 pips till now.

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