EURJPY rally more than 1000 pips after opening the gap on 04/24 , still there is a monthly target not achieved we can see soon towards 131.50/133.10 , but currently the pair tested 200 MA on weekly candle with hidden short term divergence on 1hr time frame ..before rally we can see atleast three waves down to make support between 129.33/128.90.
Nice analysis, do you really think it will reach the 133 level though? that would be a significantly bullish rally at this point and over the last couple of weeks it seems to be stalling at R1 / supported trend line area.
Forextuitions
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@AngelicaTrading, yes , will see soon 133.00 we have buying around 129.60/20