ForecastCity

💡 Don't miss the great buy opportunity in EURJPY

Long
FX:EURJPY   Euro / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (124.45). 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 71.

Take Profits:
TP1= @ 125. 05
TP2= @ 125.25
TP3= @ 125.50

SL= Break below S2

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Comments

Good analysis .You've been very helpful  .Thanks for sharing
+5 Reply
ForecastCity DenizKilicDeniz
@DenizKilicDeniz, Thanks for your kind comment. 👍
+3 Reply
It's outstanding! 👌
+4 Reply
ForecastCity Pro_Trader_007
@Pro_Trader_007, Thanks for your comment
+3 Reply
It's very helpful. Cheers 👍
+4 Reply
ForecastCity Kristalyn
@Kristalyn, You're welcome! We're glad you liked it.
+3 Reply
WOW, perfect analysis!!
+3 Reply
ForecastCity sara-kian-fx
@sara-kian-fx, Thanks we hope you enjoy it.
+1 Reply
Do you think it’s going to keep on going down or go back up to around 12.600 level?
+2 Reply
ForecastCity stephanflavius777
@stephanflavius777, Thanks for your comment.
+1 Reply