Direct from the desk of Dane Williams.
Yikes, what a day.
No matter how much I try to streamline my work processes, I seem to still be able to find ways for things to get too much.
As a result, I've just got a quick one to share on the market analysis blog today.
Take a look at the EUR/JPY daily chart below and let's get straight into it.
You can see that beautiful turn, right on top of a clear daily support zone.
I love the way that price printed 6 daily indecision candles right on top of the zone before the bears finally gave back some ground.
From a higher time frame perspective, it'll be interesting to see whether price stalls here at this weird little midpoint, or if we go straight back up to that top EUR/JPY daily resistance zone.
Either way, the higher time frame narrative continues to unfold.
Best of probabilities to you,
FOREX BROKR | LeoFinance Blog
Daily market analysis.
Posted Using LeoFinance Beta