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mk-fx

EURJPY Long To 123.200?

Long
Euro / Japanese Yen (FX:EURJPY)  
mk-fx Updated   
FX:EURJPY   Euro / Japanese Yen
Support and Resistance Fibonacci Trend Lines
3
0
supportandresistance fibonacci trendline
I am seeing a nice potential setup with EJ reaching trendline and fibonacci 78.6 level.
On H1 trendline was broken, but momentum was strong.
TP is 123.200
Trade active:
Lets place stop loss to break even. Fundamentals are in favor of yen, which means EJ would go down.
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