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ForecastCity
Oct 11, 2019 12:25 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 (119.03). 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 81.

Take Profits:
TP1= @ 120.00
TP2= @ 120.78
TP3= @ 122.22

SL= Break below S2
Comments
Best_Forecast
Love the clean analysis, Very nice trade and setup!
ForecastCity
@Alexander_007, Thank you for your support and nice comment.
Forecast_Crypto
Appreciated your content, in the end we are all students of the market and learning constantly from it
ForecastCity
@Forecast_Crypto, Yes, that's true. Thanks for your comment.
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