Will EURJPY find buyers at market?

OANDA:EURJPY   Euro / Japanese Yen
EURJPY - 24h expiry

We are trading at oversold extremes.
This is positive for sentiment and the uptrend has potential to return.
The trend of higher lows is located at 146.13.
We prefer to consider the medium term trend and expect buying interest to support as prices move lower.
Further upside is expected although we prefer to buy into dips close to the 148.90 level.

We look to Buy at 148.90 (stop at 148.50)

Our profit targets will be 149.90 and 150.10

Resistance: 151.40 / 152.95 / 155.20
Support: 148.40 / 146.05 / 144.20

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