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bluepipsforexsignals

EURJPY pointing to advanced stage 2; 'Bullish in the mid term'

Long
Euro / Japanese Yen (OANDA:EURJPY)  
bluepipsforexsignals  
OANDA:EURJPY   Euro / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis Bullish Patterns stageanalysis euro
4
0
trendanalysis chartpattern waveanalysis bullish stageanalysis euro
I have employed Stan Weinstein stage analysis for EURJPY on weekly chart, and i have observed the potential for the pair to head upward.

- The chart is currently crossing 30 weeks moving average
- The volume has improved recently
- The relative strength has also improved.

i therefore biased for strength in EUR against JPY in the medium term
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