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FXHighway
Jan 2, 2018 8:45 AM

Technical Analysis of EURJPY: Tuesday, 02/01/2018 Long

Euro Fx/Japanese YenFXCM

Description

Target: 140.00
Risk: 134.50

The pair's success to surpass the sideways range resistance pushes the price to continue the main bullish trend, thus, the next target will reach 140.00 areas.

The exponential moving averages 50 and 100 support the expected rise, while settling above 134.50 is required to achieve the mentioned target.
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