jbourgault
Long

EURJPY Long (long term 0.5 fib retracement completed)

FX:EURJPY   Euro Fx/Japanese Yen
32 3 6
At the end of February, the pair bounced almost perfectly on the 0.5 fib retracement level of the 2012-2014 huge bull run.

II'll be using shorter timeframe to enter and exit at proper level. The thing is to keep in mind that this pair might be a good candidate to ride the JPY correcting.
Unfortunately, the CAN employment numbers were quite good. However, the pair bounced on what seems like the bottom of a newly formed channel on 4H.

That could provide a long lasting support level for a bull run that could last for a week or two...
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Last breakout failed. However, another long signal was trigger a couple of hours ago.
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A good entry level could in the next few minutes.

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