ew-forecast
Long

EURJPY Forming A Bullish Pattern

FX:EURJPY   Euro Fx/Japanese Yen
EURJPY             has slowed down into a sideways pattern in the last two days what looks like a corrective move. We see a triangle in wave iv that can be near completion so new swing highs are expected for wave v that can be targeting even 140.00 area. From an invalidation point of view, we will continue to look higher as long as market trades above 137.00.
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