*UPDATED 12.2.2025 : EURJPY showed no confirmations of turning lower in the zone. Trade setup invalidated*
The EURJPY pair can extend lower as long as price remains below the range high. As long as it is below the range high the pair can aim to push lower towards the 180.12 range low. Below the range high will look only for sells.
ACTION: Any move higher above the equilibrium level traders can then look for possible selling opportunities. I will be looking for sells in the OTE zone (Optimal Trade Entry Zone) but will also look for sells against the range high if does not hit this zone. Also will be watching for a bearish trend continuation divergence pattern to form which will signal a temporary top has completed. If this divergence pattern forms it will add more confidence to the sell trade.
EURJPY 1 Hour Chart December 1 2025
Only time will tell what the EURJPY pair will do but for now I remain bearish.
*** Always use proper risk/money management according to your account size ***
Of course, like any strategy/technique, there will be times when the strategy/technique fails so proper money/risk management should always be used on every trade. Hope you enjoyed this article and follow me on social media for updates and questions> @AidanFX
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