UnknownUnicorn8923

Broken trend line, possible reversal?

Long
FX:EURJPY   Euro / Japanese Yen
The main trend was down for EUR/JPY however the trend line was broken in dec. '16. It has tested the 0.5 fib retracement level in te past days, it's likely that it will continue higher form here.

First target is around the 1.272 fib. extension
Trade active
Trade active:

The EUR/JPY is on its way towards the 0.382 fib level. Let's see from that point, if it will bounce and continue higher or not.
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