I would go long on the EURJPY for a few reasons:
1) It is sitting on a 38.2% fibonacci level
2) It was not able to break a very strong resistance turned support level dating back from 2015.
3) It has been going up higher in recent days with strong bullish action.
1) It is sitting on a 38.2% fibonacci level
2) It was not able to break a very strong resistance turned support level dating back from 2015.
3) It has been going up higher in recent days with strong bullish action.