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Trader Journals:::2026-03-20T03:04:51

EUR/JPY

EUR/JPY, Thursday, March 19, 2026

EUR/JPY

The EURJPY currency pair yesterday was moving within a narrow range, indicating a sideways movement. On the H4 timeframe this afternoon, candles are seen oscillating around the price level of 184.077, which is at the convergence area of the orange EMA200 line with the blue EMA21 and the purple EMA50. Meanwhile, the CCI14 indicator appears to be starting to move downwards, penetrating the neutral area around the zero line. In general, the trading plan to BUY EURJPY for today is still a profitable option, by placing a stop loss at the support area of 182.500 and a take profit target at the resistance area of 185.000.
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