Trade_Simple_FX

EURJPY H1 - Long Setup

Long
FX:EURJPY   Euro / Japanese Yen
EURJPY H1

Nice rejection from resistance seen yesterday, didn't quite pull down to our H4 support zone, but performed nicely nonetheless. Now we have broken resistance we could expect further upside corrections on these ***YEN pairs.

My only concern is GBPJPY, as we approach 151.000, this seems like a good short price to me. However, EJ, UJ and CHFJPY seem bullish still.

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