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FxWirePro

We prefer to go long in EUR/JPY

Long
Euro / Japanese Yen (FX:EURJPY)  
FxWirePro  
FX:EURJPY   Euro / Japanese Yen
0
1
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.
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