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ForecastCity
Apr 22, 2019 8:32 PM

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 (125.85). 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 51.

Take Profits:
TP1= @ 126.34
TP2= @ 126.75
TP3= @ 127.50

SL= @ 125.65
Comments
fxniki
Thanks for sharing this grate opportunity to buy on EURJPY.
ForecastCity
@fxniki, You're welcome.
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