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Long

EUR/JPY Short term trading Idea

FX:EURJPY   Euro Fx/Japanese Yen
16 0 0
EUR/JPY             has broken major resistance 141.20 (Sep 15 high) and this confirms bullish trend resumption. Any indicative break above 141.20 would extend gain to 143.77 (Mar 3rd high) and 145.
Minor support is around 139.95. On the downside any break below will target 139.60/139.
Recommendation: Buy EUR/JPY             around 141.30-40, SL 139.95, Targets 143.77/145.

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