EUR/JPY Technical Analysis

H1 CHART

EURJPY – Look To Buy Into Resistance Whilst Price Retraces into buy zone.

Trend: Bearish HTF

Key Levels:  Support 122.57 to 123.10

Price Action: Break in market structure on the lower time frames formed at HTF support.

Notes: The bias is bearish one a macro view but I'm looking for some short term bounces, with the possibility of filling in current gap.
​We will consider Buying on any strength whilst price retraces into buy zone, targeting a move back to fill gap.
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Update:Price failed to provide any bullish behaviour and has drifted lower. Flat on this instrument.