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BayonetMarkets
Sep 20, 2018 12:43 PM

EURJPY Inverse Head and Shoulders Long Long

EUR/JPYOANDA

Description

EURJPY has formed a nice reverse / inverse head and shoulders.
Neckline is clear at 131.93
Bullish engulfing candle has just formed.
Conservative take profit at 134.51
Comments
FXCM
I agree with your bullish view on EURJPY. Our trading signal idea is also of the same bias. We have found roughly support level at 132.04 which is also a horiozntal pulllback support.
Additionally, Ichimoku cloud is also showing signs of bullish pressure, which backs up our bias.

Glad to see that we have the same bias for EURJPY



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