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ForecastCity
May 25, 2020 1:36 PM

Don't miss the great buy opportunity in EURJPY Long

Euro Fx/Japanese YenFXCM

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (117.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. EURJPY is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.

Take Profits:
TP1= @ 117.6
TP2= @ 117.9
TP3= @ 118.5

SL= Break below S2
Comments
NashRs
Hello
I'm curious how long will this uprend go?
ForecastCity
@NashRs, No one knows it.
Kristalyn
Great analysis Thanks
ForecastCity
@Kristalyn, you're welcome
Kamryn
Thanks for your idea
ForecastCity
@Kamryn, You're welcome
fxniki
I always follow your ideas. 🥰🙏🥰🙏🥰🙏
ForecastCity
@fxniki, Thanks for following us.
DenizKilicDeniz
Great analysis.
ForecastCity
@DenizKilicDeniz, You're welcome!🙏
Thank you for following us and your support and nice comments. 💙💙💙
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