ForexTrendline

EURJPY analysis | Entry before the NFP

Long
FX_IDC:EURJPY   Euro / Japanese Yen
We are expecting the publishing of Non Farm Payrolls today.
This is a very important news which will cause some big moves.
Be careful with any positions that you open prior to that!

We found an opportunity on EURJPY . This pair won't be affected by the USD, but the EURUSD and USDJPY instead.

No matter if we see a negative or positive news later on today we are expecting higher values on EURJPY!

Currently we have an uptrend on M30 which is also confirmed by the higher timeframes and that's why we expect market reaching 132,75.

Once price gets there we will have another look at the setup.

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