Dreem

EUR/JPY Convergence with Breakout Potential

FX:EURJPY   Euro / Japanese Yen
Simply stating that we are reaching a potential for some activity on this pair. Once a Candle Closes Above Green Zone I see potential to rise up to the 134.00 area. This could be take PROFIT ZONE. The opposite of that trade is the breakout downwards towards 131.00. This trade is triggered with a closing candle past the red zone. 131 would be the ideal take PROFIT ZONE. Most likely will have to wait till after the holidays for any big movements.
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