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Art-of-FX
Jun 20, 2016 6:41 AM

EurJpy may be turning around Long

Euro Fx/Japanese YenFXCM

Description

Had a really nice down move in the EJ for awhile now, however we have just bounced off the daily/weekly trendline and the week started with a nice gap up. I imagine after we refill this gap we will see a more significant bullish move.

Comment

I have taken half profit on the retest of the old low. I will put my stop into profit now and see if we can have a larger break up out of the trend line.
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