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ForecastCity
Oct 10, 2019 11:27 AM

Don't miss the great buy opportunity in EURJPY Long

Euro Fx/Japanese YenFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (118.16). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 70.

Take Profits:
TP1= @ 118.65
TP2= @ 119.80
TP3= @ 120.80

SL= Break below S2
Comments
Nadikarmoker123
I am shorting from 118.49
ForecastCity
@Nadikarmoker123, thanks for sharing with us. wish you bests.
Forecast_Crypto
@Nadikarmoker123, Why short?
ForecastCity
@Forecast_Crypto, Our Trading suggestion wasn't short. ;)
Dave-FX-Hunter
Its starting to move up !! Great call
ForecastCity
@DaweFXHunter, Thanks for your nice comment.
fxniki
I appreciate your nice technical analysis. Thank you ForecastCity :)
ForecastCity
@fxniki, oh, you are so nice. You're welcome.
Best_Forecast
Excellent! as always!
Thank You for sharing!
ForecastCity
@Alexander_007, Thank you for following us and nice comment.
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