Persy263

EUR/JPY To Be Bullish

Long
OANDA:EURJPY   Euro / Japanese Yen
EUR/JPY is trading to the upside today prior to the JPY Household Spending (YoY) (Jun). Price has formed a inverse head and shoulder on the 1-Hour timeframe meaning a possibility of price trading up is very likely. We anticipate a bullish move up to level 139.438

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