Analysis: this pair made a big move last week and we expect more of the same if not bigger for the coming weeks. Our trade is very simple on EURJPY . Above the weekly high, we have a weekly significant point which is very near to where we close on Friday. SIg point is 139.21, we close at 139.08. We will be looking to buy this pair above the significant point and look for more nice move towards the high 145.67 in the coming weeks.
ENTRIES: LONG= 139.21, SHORT=136.22