FxWirePro
Long

We prefer to go long in EUR/JPY

FX:EURJPY   Euro Fx/Japanese Yen
29 1 0
EUR/JPY             has taken support near Kijun-Sen and has recovered from that level. Short term trend is bullish as long as major support 141.35 holds.
On the downside break below 141.35 (Resistance turned into support) will target 140.30.
Minor resistance is around 143.20. Any indicative break above will target 144.21/144.98.
Recommendation: Buy EUR/JPY             around 142.60, SL 141.30, Target 144.98.
FxWirePro
2 years ago
Re-published separately with appropriate graph
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