MMFXSignals

EURJPY ANALYSIS

Long
FX:EURJPY   Euro / Japanese Yen
EURJPY rebounded from major uptrendline with strong bullish movement
Price broke corrective downtrendline
Pair is based above support level at 128.30
Price is based on HVN at level 129.10 which indicates that pair is in accumulation phase
MACD shows bullish momentum
RSI is in uptrend above level 50
It's expected to target resistance level at 130.70

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