As you can see EURJPY
is in the correction after it broke the trendline
with a strong impulse. After completion of that correction we will have a nice impulse to the up. Before i jump into buy, eventually we can see breaking the low (127.4700 area at a minimum). When this happen i will look for any buy setup and then take that buy. My target will be breaking the (130.1500 area), may we can see breaking -0.27 area (131.0959). This trade can be a really good one, +250 pips at a minimum..So don't miss this one!
So keep an eye on it & be patient & trade with care!
P.S. Let me know if you want to see update on that pair! ;)