Mihai_Iacob

EurJpy- I expect a violent break to the upside

Long
OANDA:EURJPY   Euro / Japanese Yen
The long term trend for eurjpy is clearly up and the pair is consolidating gains for over 2 months now.
If we ignore the false break of 126, the range is pretty tight, between 126 and 127.
Now the pair seems to press on resistance and I expect a strong break and acceleration
My target for long position is 130 and only a daily close under 125.50 would change my mind

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