ForecastCity

Don't miss the great buy opportunity in EURJPY

Long
FX:EURJPY   Euro / Japanese Yen
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (115.6). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 57.

Take Profits:
TP1= @ 116.20
TP2= @ 116.45
TP3= @ 117.20

SL= Break below S2

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