Fxprotrader

EURJPY Action To Be Taken Soon

FX:EURJPY   Euro Fx/Japanese Yen
123 0 11
Price is testing the lower trendline of a rising channel. In case we have a breakout we should wait for a correction before we go short. Otherwise if any buy setup forms at that level we should go long aiming for the upper trendline, at 0.786 - 0.886 fib zone.
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