alex.ofx

EURJPY LONG IDEA (1:4 R:R)

Long
FX:EURJPY   Euro / Japanese Yen
3
Hi traders,

EURJPY 4H chart shows that its time for a reversal. Good fundimentals on the EUR with YEN showing weekness for the coming week. Price has been around the strong support for 2-3 days and it is highly probable to this this pair ending higher this week. R:R is good as well. Stops below the lowest support will invalidate this trade.

Similar to USDJPY, this pair should be rallying this week. I personally will be catching this swing up and i hope you guys will too!

All the best and trade safe guys.
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