EURJPY In a Bullish Trend - Ascending Channel

EURJPY In a Bullish Trend - Ascending Channel


EURJPY is still rising within a bullish channel from 15 May 2024 for about 9 days.

The support the BOJ is giving the market to kill the JPY is pushing all XXXJPY pairs higher.

It seems like a WIN-WIN game that you can take the profits and be satisfied with zero risk.

The problem is that all JPY pairs will only move when the BOJ intervenes in the market.
We all know that intervention will create aggressive bullish waves.
Until that moment, all JPY pairs are only rising and bullish.

You may find more details in the chart!
Thank you and Good Luck!

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Trade closed: target reached:

EURJPY - Both targets reached:)