The EURJPY pair has been trading within a 4-year Channel Up and currently is making a technical pull-back towards its 1D MA200 (orange trend-line). That is technically the first level to buy during its Bullish Legs.
As long as the 1W MA100 (red trend-line) holds, expect this uptrend to continue, targeting at least 203.000, replicating the gains of the pattern's first Bullish Leg. The strongest buy opportunity would be on the 1W RSI's long-term Support Zone.
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As long as the 1W MA100 (red trend-line) holds, expect this uptrend to continue, targeting at least 203.000, replicating the gains of the pattern's first Bullish Leg. The strongest buy opportunity would be on the 1W RSI's long-term Support Zone.
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