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Theperfectionist

Overall view on EURJPY - Update of June 24th week

Long
Euro / Japanese Yen (OANDA:EURJPY)  
Theperfectionist Updated   
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Harmonic Patterns Chart Patterns euro japan EURJPY buy Bullish Patterns Forex levels
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trendanalysis harmonicpatterns chartpattern euro japan eurjpy buy bullish forex levels
Actual view: After settling and rejecting on the support zone containing the low of the year, prices soared up moving to the old resistance area. Odds of a bull trend continuation remain high.

Possible targets: @123.000 (+65pips) and @123.500 (+110pips).

Advice: Stay bullish and buy at any low while we don't break the @122.000 bottom level.
Comment:
Odds are equally distributed as prices faced a strong pullback. We would wait for a confirmation and remain steady before opening any trade.
Trade closed: target reached:
Target was reached regardless the pullback which gaves a nice opportunity of buy.
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