dnsmith

Wait for the pullback and then LONG LONG LONG

Long
FX:EURJPY   Euro / Japanese Yen
EJ performed like a boss last week, with a break of the short term wedge resistance area and then powered up.

If you didn't catch the breakout - don't worry. With price currently overbought, we can expect a pullback to the 126 zone as the has been a previous support/resistance area for the pair.

The 126 zone will provide a good R:R entry point for those wanting to jump on the upward trend.
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