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ForecastCity
Aug 5, 2020 10:15 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 (125.1). 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 63.

Take Profits:
TP1= @ 125.50
TP2= @ 125.80
TP3= @ 126.00

SL= Break below S2

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Comments
Josef_anderson
totally agree with you
ForecastCity
@Josef_anderson, We appreciate your comment.🙏
Josef_anderson
I'm with you on this one
ForecastCity
@Josef_anderson, Thank you! We appreciate your comment.🙏
Sir_Ray
This is great
ForecastCity
@Sir_Ray, Thank you! we're glad you like it.
Kristalyn
Thank you
ForecastCity
@Kristalyn, Thank you! We appreciate your comment.🙏
Allahrakha
I am totaly agree with your idea
ForecastCity
@Allahrakha, We're glad you agree with us. thx for your comment
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