Toru

EURJPY retrace to 138 and shoot up

FX:EURJPY   Euro Fx/Japanese Yen
101 0 2
Looking at EURJPY             pair broke 138 resintance area and moving up. Now this pair just hit Gartley pattern PRZ and descending trend line . It is fair to estimate this pair may comes back to 138 area and bounce back up targeting 140 area that is next resistance level . RSI shows divergence to back this idea. Also, the EURGBP             pair is now going upward with weekly BAT pattern completion and make sense to go long EURJPY             with crazy USDJPY             pair :-)
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